One-Page Deal Sheet
Leucrotta Increases Contiguous Montney Acreage in BC
Leucrotta Exploration Inc. Not Disclosed
Announced Date
September 11,2014
Close Date
September 11,2014
Transaction Type
Property
Transaction Details: Subscribe to see
Leucrotta Exploration Inc. has announced that it has significantly increased its Montney acreage in the greater Dawson area of Northeast British Columbia via three separate transactions.
Leucrotta acquired 64,600 gross (54,400 net) acres of Montney rights in exchange for $16.5 million in cash plus 4,733,680 Leucrotta common shares. Combined with Leucrotta's current Montney acreage in the area, Leucrotta now holds approximately 115,000 gross (100,000 net) acres or approximately 180 gross (155 net) sections of Montney land in the area. The acquired lands are contiguous to Leucrotta's current…
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