TerraX purchases the Tom Mine and Sickle properties

19 September 2018

TerraX Minerals Inc. is pleased to announce the purchase of a 100% interest in the Tom Mine (6 sq km) and Sickle (2 sq km) properties from Altamira Gold Corp. These properties increase the area of the YCGP from 772 square kilometers to 780 square kilometers.  As part of the agreement, TerraX will pay Altamira a total of $25,000 cash and 250,000 shares of TerraX. Altamira will retain a 2% NSR royalty. The agreement is subject to the approval of the TSX-V exchange and is expected to close by the end of September.