Two additional purchases of claims have been made by Aronos Multinational (CDN) adjoining the company’s gold exploration property in the Mexican state of Sonora.
The company, which recently completed a first-phase drilling program, says its new claims expand its holdings to the south and to the east. The new property is subject to a 5% royalty which Aronos may purchase for $500,000 or 500,000 shares at its option. Also, Aronos is required to pay a third party fee of $500,000 (which it says it may satisfy through the issuance of 500,000 shares).
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