Sanatana Resources provides an update to its shareholders with respect to the Watershed Property. Set out below is a summary of (i) recent developments with respect to the Watershed Property and (ii) a historical review of the binding agreement governing the Watershed Property. Peter Miles, President and Chief Executive Officer of Sanatana, stated, "On Friday, April 26, 2013, Trelawney Mining and Exploration Inc. (a [...]
Sanatana is pleased to provide this exploration and operational update for the Watershed Property. During the second half of 2012, the Company's exploration program focused on fulfilling the terms of the option and joint venture agreement and testing potential distal extensions of IAMGOLD Corporation's Côté Gold Deposit and the Company's discovery on Clam Lake claim 3011820. The program comprised exploration drilling of [...]
Sanatana announces further to its news release of September 12, 2012 that the Company has issued a further 1,500,000 common shares to Trelawney Augen Acquisition in connection with the option and joint venture agreement for the Watershed Property. Such common shares have a hold period expiring on March 16, 2013 as required by applicable securities laws.
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