VENDOME Extends Agreement to Acquire Option to Earn 50% Interest in “La Diana” Propertyadmin
VENDOME Extends Agreement to Acquire Option to Earn 50% Interest in “La Diana” Property
Toronto, Ontario CANADA, December 20, 2013 /FSC/ – Vendome Resources Corp. (VDR – TSX Venture, 9VR – FRANKFURT),(“Vendome”), is pleased to announce that it has reached an agreement in principal to extend its option to acquire a 50% interest in the “La Diana” property (see 02-Nov-2010 press release on our website for details) from Camsim Minas S.A DE C.V (“Vendor”), for an additional one year period. Vendome agrees to pay Vendor two million of its common shares as consideration for Vendor granting an extension to the agreement. All prior terms and conditions of the agreement shall remain in effect.
La Diana continues as one of our three flagship properties located in the heart of the prolific Sierra Madre del Sur precious metal belt, in the State of Guerrero, Mexico.
ON BEHALF OF THE BOARD OF DIRECTORS OF VENDOME RESOURCES CORP.
W. John Priestner
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Vendome Resources Corp.
T: (647) 932-1604
To view the press release as a PDF file, please click on the following link:
Source: Vendome Resources Corp. (VDR-TSX-V)
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Posted: December 20th, 2013 under FSCWIRE.