Copper Lake Acquires Marshall Lake Camp Assets and Extends Option Agreement

April 18, 2017

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TORONTO, ONTARIO–(Marketwired – April 18, 2017) – Copper Lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:W0I) (“Copper Lake” or the “Company”) is pleased to announce it has signed an agreement with Rainy Mountain Royalty Corp. (‘RMO’) to acquire all of the camp assets owned by RMO at the Marshall Lake property. Copper Lake and RMO have also agreed to extend the option agreement for a further 12 months, to July 15, 2018. As consideration for the purchase of the camp assets and the one-year extension of the option agreement, Copper Lake will issue a total of 600,000 shares to RMO.

Category: General