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Post by Franko10 ™ on Sept 11, 2004 14:33:38 GMT -5
News Release
May 2, 2000
Shane to acquire four Saskatchewan claims
The Canadian Venture Exchange has accepted for filing an option agreement dated April 26, 2000, between Shane Resources and Full Time Management Inc. (Maurice O'Bannon), pursuant to which the company may obtain a 100-per-cent interest in four mineral claims comprising approximately 2,139 hectares in the Rottenstone area, Northern mining district of Saskatchewan. In consideration, the company will initially pay $80,000 and issue 50,000 shares, with an additional 150,000 shares to be issued in three work-related tranches over a three-year period.
ON BEHALF OF THE BOARD OF DIRECTORS OF SHANE RESOURCES LTD.
Mr. Rick Walker Director
The Vancouver Stock Exchange has neither approved nor disapproved the contents of this news release.
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