Stocks in Play

Casa Minerals

10:49 AM EST - Casa Minerals : Has signed an option agreement with a private company (the Optionee) for exploration of Casa's 100%-owned Keaper polymetallic (gold-silver-copper-lead-zinc) project located 20 kilometers north of Terrace, British Columbia near Casa's flagship Pitman Property. Under terms of the agreement, the Optionee has the right to earn up to a 60% interest in the Keaper Property over 4 years by: 1) spending $4 million on exploration of the property; 2) paying Casa Minerals an aggregate of $550,000; and 3) issuing an aggregate of 2,500,000 shares to Casa. Exploration tax credits on the Keaper Property will be shared by the parties. Casa Minerals shares V.CASA are trading unchanged at $0.16.