11:52 AM EST - Otish Energy Inc. : announced the signing of an assignment agreement with Trevor Taylor of Ajax, Ontario whereas Taylor agrees to transfer to the company, Taylor's exclusive and sole right to purchase all of Henry Alphonso and Salim Kayum's right, title and interest in the contiguous land block comprised of six Medium Scale Prospecting Permits, comprising around 6,900 acres, located in Puruni, Mazaruni Mining District No. 3, Guyana. The company would have the right, at any time, to purchase 50% of the NSR, being 1%, upon payment to the Optionors of the sum of $1 million and will have the further right to purchase the remaining NSR upon payment to the Optionors of the further sum of $2 million. Otish Energy Inc.
shares V.OEI are trading up $0.01 at $0.07.
