First Option Termination Notice between Ironwood Gold Corp. and Canadian Mining Company Inc. for San Bernardo and Bullard Pass Projects
Ironwood Gold Corp. notifies Canadian Mining Company Inc. and related parties that it is terminating its First Option rights under two separate Option and Joint Venture Agreements for the San Bernardo and Bullard Pass projects. The termination is effective immediately, as per the specified clauses in the original agreements. This notice formally ends Ironwood's participation in the First Option phase for both mining projects.
FAO Mr. Raymon Paquette
Canadian Mining Company Inc.
2300-1066 W. Hastings St
Vancouver, BC
25th September 25, 2013
Dear Sirs,
I am writing to confirm according to our January 21 2013 Option and Joint Venture made among Canadian Mining Company Inc., Canmin Mexico S.A.DE C.V and Ironwood Gold Corp. Ironwood elects to terminate First Option under item 3.7, 3.8a and 3.8b ... and delivers the First Option Termination Notice to Canadian Mining for San Bernardo Project, effective immediately.
Furthermore according to January 22 2013 OPTION and JOINT VENTURE made among Canadian Mining Company Inc., Canadian Mining of Arizona and Ironwood Gold Corp. Ironwood elects to terminate First Option under item 3.6, 3.7[a] and [b] delivers First Option Termination Notice to Canadian Mining for Bullard Pass, effective immediately.
Best regards,
Behzad Shayanfar
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