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Transaction Announcement Reports
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RSC News | ✓ | ✓ | ✓ |
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Project: | Leahy | |
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Deposit: | Leahy | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 5/14/2020 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 14-5-2020: Interbit Ltd. announces a Supporting Acquisition report for its Leahy deposit at the Leahy project. Summary of property in support of acquisition. Roscoe Postle Associates Inc. (RPA), now part of SLR Consulting Ltd (SLR), was retained by Mr. Br | |
Resources: | x | |
CP/QP: | [Overall Report]: Tudorel Ciuculescu (Roscoe Postle Associates Inc.) | |
ABSTRACT: | Roscoe Postle Associates Inc. (RPA), now part of SLR Consulting Ltd (SLR), was retained by Mr. Brian Hinchcliffe, Chief Executive Officer of Interbit Ltd. (IBIT), to prepare an independent Technical Report on the Leahy Property near Kirkland Lake, Ontario. The purpose of this Technical Report is to support a stock exchange listing on the TSX Venture Exchange. This Technical Report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). RPA visited the Leahy Property on March 28, 2012. IBIT is currently a Technology Issuer listed on and governed by the policies of the TSX Venture Exchange. IBIT has entered into an Option Agreement (the Option Agreement) with Mr. Michael Leahy, Property Vendor, whereby IBIT has been granted the option to acquire a 100% interest in and to the Leahy Property. In connection with the execution of the Option Agreement, it is the intention of IBIT to complete a “Change of Business” transaction pursuant to the policies of the TSX Venture Exchange. | |
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