Eagle Plains and MAS Gold Execute Purchase Agreement for Preview Lake Area Claims, Saskatchewan

Oct 10, 2019

CRANBROOK, BC / ACCESSWIRE / October 10, 2019 / Eagle Plains Resources Ltd. (TSXV:EPL, Financial) and MAS Gold Corp. (TSX-V:"MAS") have executed a formal agreement whereby MAS has purchased a 100% undivided interest in the 1,472 ha Preview Lake Claims located approximately 50km north of La Ronge, Saskatchewan. Under the terms of the agreement (subject to regulatory approval), MAS will acquire a 100% interest in the 3 individual tenures by issuing to Eagle Plains a total of 300,000 common shares and make a cash payment $1,500. Eagle Plains shall be entitled to a royalty of 2% of net smelter returns with a buyback to 1% upon payment of $CDN 1,000,000.

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