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Affinity Gold Corp.
Affinity Gold Corp. Enters Into Asset Purchase Agreement to Acquire Mining Concession Rights From AMR Project Peru, S.A.C. in Peru Covering a Total of 500 Hectares
March 20th, 2009
Affinity Gold Corp. (OTC Bulletin Board: AFYG) (the "Company") is pleased to announce that it has entered into an asset purchase agreement (the "Asset Purchase Agreement") with AMR Project Peru, S.A.C.("AMR"), a Peruvian corporation, whereby the Company has agreed to pay US$200,000 and to issue 12,000,000 shares of common stock of the Company to AMR in accordance with the terms and conditions of the Purchase Agreement as consideration for the acquisition of the mining concession title named "AMR Project" covering 500 hectares and the physical mining concession certificate as evidenced by Certificate No. 7996-2006-INACC-UADA granted to AMR by the Republic of Peru, National Institute of...
Source: Health Business Week (2009-03-20)
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