Fokus Mining Corporation ("Fokus") (TSXV: FKM) (OTCQB: FKMCF) (FSE: F7E1) announces that it acquired 5,000,000 common shares of Mosaic Minerals Corp. ("Mosaic Minerals") on July 28, 2022 in connection with two property transactions between Fokus and Mosaic Minerals (the "Transactions").
Fokus Mining Corporation ("Fokus" or the "Company") (TSXV: FKM) (OTCQB: FKMCF) (FSE: F7E1) is pleased to announce that it has entered into an agreement to sell the 95 mining claims comprising the Gaboury property and the 59 mining claims comprising the 113 North property to Mosaic Minerals Corp.("Mosaic") (CSE: MOC). Those two properties had previously been optioned to Mosaic in 2021. The Company will receive three million treasury common shares of Mosaic for the Gaboury property and two million
Gaboury Project Compilation Map Gaboury Project Compilation Map MONTREAL, July 05, 2022 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) announces that it has signed an agreement to acquire 100% of the interest in the Gaboury project (Témiscamingue, Québec) and 113 North project (Abitibi, Québec) from Fokus Mining Corporation (TSX-V: FKM). Terms of the Agreement To acquire 100% interest in the Gaboury and 113 North projects, Mosaic will issue 5,000,000 commo