09:52 AM EST - Crocodile Gold Corp. : announced the signing of an agreement with Fortuna Silver Mines Inc. granting Fortuna the exclusive right and option to acquire a 100% interest in the Mario Property of Crocodile Gold, located in the Department of Junin in central Peru. The acquisition of the property by Fortuna is subject to a 1% net smelter return royalty on production from the property payable to Crocodile Gold. Fortuna shall have the right to purchase the NSR royalty from Crocodile Gold at any time during the five-year period following the final option payment for the sum of $3 million U.S. Crocodile Gold Corp.
shares T.CRK are trading down $0.01 at $0.81.
