Post by soonerlew on May 23, 2007 15:38:26 GMT -5
cmkxgroup.proboards88.com/index.cgi?board=general&action=display&n=1&thread=1179945507
Remember that Private Placement Carolyn Casavant did with Golden Arch Resources?
GOLDEN ARCH RESOURCES LTD. ("GAI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 7, 2005
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced December 3,
2004:
Number of Shares: 7,000,000 shares
Purchase Price: $0.17 per share
Warrants: 3,500,000 share purchase warrants
to purchase 3,500,000 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 16 placees
Finder's Fee: (a)70,000 Units, (aa)200,000
Agent's Warrants and $2,000
administration fee payable to
Canaccord Capital Corporation
300,000 shares payable to Carolyn
Casavant
(a) Units are under the same terms
as those to be issued pursuant to
the private placement
(aa) Each Agent's Warrant is
exercisable into one common share
at a price of $0.25 per share for a
two year period
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the
Company must issue a news release announcing the closing of the
private placement and setting out the expiry dates of the hold
period(s). The Company must also issue a news release if the private
placement does not close promptly.
www2.ccnmatthews.com/scripts/ccn-release.pl?/2005/02/07/0207139n.html
www.goldenarchresources.com/properties/wakefield.htm
Terms of the Agreement
Golden Arch has entered into an agreement with 101083503 Saskatchewan Ltd. To acquire he 80% interest in the property by spending $500,000 in work per 20% acquired interest and by issuing 7,000,000 shares in four tranches:
Shares
Upon signing 1,500,000
Within 24 months of regulatory approval 1,500,000
Within 36 months of regulatory approval 1,500,000
Within 48 months of regulatory approval 1,500,000
Within 60 months of regulatory approval 1,000,000
TOTAL 7,000,000
Work Commitment
Within 24 months of regulatory approval $500,000
Within 36 months of regulatory approval $500,000
Within 48 months of regulatory approval $500,000
Within 60 months of regulatory approval $500,000
TOTAL $2,000,000
After Golden Arch completes each tranche of work and share transfer (i.e. after 24, 36, 48, and 60 months as above), it will have earned successive 20% interests in the property.
Upon the property achieving commercial production, the Company will transfer to the vendor an additional 2,000,000 shares for every 20% interest it has earned up to a maximum of 8,000,000 shares. Only one claim has a net smelter royalty of 1%, payable to a third party.
Golden Arch will be the operator while it is still earning an interest and after, if it has the largest interest, and will be entitled to charge a 10% management fee on all expenditures on the property. After the first $500,000 work program is completed, the vendor is required to contribute to cash calls as a participating 20% joint venture partner in order to retain its 20% working interest in the property. Any party, which does not contribute to the work program as required by the operator, will lose 5% interest in the property for every $125,000 of non-contribution, which is funded by the other party.
The agreement was approved by the TSX Venture Exchange on March 1, 2007.
Who is 101083503 Saskatchewan Ltd.?
Franko saved me the $7.00 fee required to look up the registration.
fbruhm.proboards3.com/index.cgi?board=info&action=display&n=1&thread=1146437167
101083503 SASKATCHEWAN LTD.
Dir Became: 06-Apr-2006
Name: KOCH, EMERSON
Director: YES
Address:PARCEL A, SE 5-19-
26 W2ND, R.M. OF
MARQUIS #191, P.O.
BOX 63
City/Province: TUXFORD, SK
Country/Postal Code: CANADA, S0H4C0
Officer Position:PRESIDENT & SECRETARYTREASURER
Shareholder: YES
Resident Canadian: YES
Class Name: COMMON A
Shares Held: 100.00
Richard Somerville has prepared a Summary Report on Wakefield Lakes
www.goldenarchresources.com/pdf/WakefieldReport_April20_2007.pdf
RSGM R. Somerville Geological & Mining Engineering Ltd.
1299 Nose Point Road, Salt Spring Island, B.C. V8K 1 S5
Phone (250) 537-1688 Fax (250) 537-1689
SUMMARY REPORT ON THE
WAKEFIELD LAKES SASKATCHEWAN PROPERTY
EXECUTIVE SUMMARY
SUMMARY
Golden Arch Resources Ltd. has obtained an option to acquire an 80% interest in the
Wakefield Lakes Property which contains the George Lake Zinc Zone. Based on a
review of all the reports available in the Saskatchewan Government Mineral
Resource Index, including the results from a 43 diamond drill hole drill program by
Falconbridge, Noranda et al, this report summarizes my current understanding of the
Wakefield Lakes Zinc Property and proposes an exploration and development plan to
ascertain whether the identified George Lake Zinc Zone is suitable for economic
development. In addition, this report proposes a program to explore two other
previously discovered zinc concentrations in drill-holes both east and west of the
George Lake deposit.
PROPERTY & LOCATION
The Property covers 3669 hectares and is located in Northern Saskatchewan, south
and west of Wollaston Lake in NTS Map Sheets 64E12 and 64E5. It lies about 15
kilometers east of Saskatchewan Highway # 905, and about 300 road kilometers
north of La Ronge, Saskatchewan, the nearest major center.
The Property consists of six Saskatchewan Government Claims (see Appendix). The
Property is held in a numbered company (No. 101083503 Saskatchewan Ltd.), the
sole owner of which is Mr. Emerson Koch. A third party holds a 1% NSR on one of
the claims (S108409).
AGREEMENT
Golden Arch Resources Ltd. has entered into an agreement with 101083503
Saskatchewan Ltd. to acquire up to an 80% interest in the Property by spending
$500,000 in work per 20% acquired interest and issuing 7,000,000 shares (in 4
tranches) over a maximum period of five years. An additional 8,000,000 shares
would be issued if and when the Property achieved “Commercial Production” (see
Agreement in Appendix).
3.2 Land and Tenure and Property Agreements
The Wakefield Lakes Property comprises one contiguous group of 6 mining
claims The 6 claims not held directly by Golden Arch Resources Ltd., but are
held by them under an agreement with No. 101083503 Saskatchewan Ltd. and
listed in Table 3.2.1 and located on Map No. 2. One claim (S108409) is subject
to a net smelter return (NSR) to a third party. The author was unable to confirm
the specific terms of this transaction other than to confirm the terms of the NSR.
In any case, this claim is now registered in the name of No. 101083503
Saskatchewan Ltd. and is covered by the agreement between Golden Arch
Resources Ltd. and the Saskatchewan company.
Table 3.2.1: Wakefield Lakes Property Claims Information
Due Disp.
Num.
Status Owner(s) Location Size/
HA’s
NTS
Area
Claim
Due
Date
25-Oct
S107158
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
718 64E0
5
28-Jul-03
25-Oct
S107159
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
512 64E0
5
28-Jul-03
25-Oct
S107160
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
468 64E0
5
28-Jul-03
13-Sep
S108326
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
886 64E0
5
16-Jun-05
13-Sep
S108327
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
963 64E0
5 &
64E0
6
16-Jun-05
30-Dec
S108419
Active
101083503
Saskatchewan Ltd.
100%(subject to 1%NSR)
Wakefield
Lake Area
122
64E0
5
3-Oct-05
Three of these claims were formerly in 101047025 Saskatchewan Ltd. “Emerson Koch and CMKX”, according to an old Database from early 2005.
"S-107158","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","BRAKEWELL LAKE AREA.",718,"64-E-05","Jul 28, 2003"," ","N"
"S-107159","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","BRAKEWELL LAKE AREA.",512,"64-E-05","Jul 28, 2003"," ","N"
"S-107160","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","BRAKEWELL LAKE AREA.",468,"64-E-05","Jul 28, 2003"," ","N"
Given Carolyn Casavant's Private Placement in December 2004, is it possible that this deal with the 101047025 Sask Ltd had already been arranged?
Pink
Remember that Private Placement Carolyn Casavant did with Golden Arch Resources?
GOLDEN ARCH RESOURCES LTD. ("GAI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 7, 2005
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced December 3,
2004:
Number of Shares: 7,000,000 shares
Purchase Price: $0.17 per share
Warrants: 3,500,000 share purchase warrants
to purchase 3,500,000 shares
Warrant Exercise Price: $0.25 for a two year period
Number of Placees: 16 placees
Finder's Fee: (a)70,000 Units, (aa)200,000
Agent's Warrants and $2,000
administration fee payable to
Canaccord Capital Corporation
300,000 shares payable to Carolyn
Casavant
(a) Units are under the same terms
as those to be issued pursuant to
the private placement
(aa) Each Agent's Warrant is
exercisable into one common share
at a price of $0.25 per share for a
two year period
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the
Company must issue a news release announcing the closing of the
private placement and setting out the expiry dates of the hold
period(s). The Company must also issue a news release if the private
placement does not close promptly.
www2.ccnmatthews.com/scripts/ccn-release.pl?/2005/02/07/0207139n.html
www.goldenarchresources.com/properties/wakefield.htm
Terms of the Agreement
Golden Arch has entered into an agreement with 101083503 Saskatchewan Ltd. To acquire he 80% interest in the property by spending $500,000 in work per 20% acquired interest and by issuing 7,000,000 shares in four tranches:
Shares
Upon signing 1,500,000
Within 24 months of regulatory approval 1,500,000
Within 36 months of regulatory approval 1,500,000
Within 48 months of regulatory approval 1,500,000
Within 60 months of regulatory approval 1,000,000
TOTAL 7,000,000
Work Commitment
Within 24 months of regulatory approval $500,000
Within 36 months of regulatory approval $500,000
Within 48 months of regulatory approval $500,000
Within 60 months of regulatory approval $500,000
TOTAL $2,000,000
After Golden Arch completes each tranche of work and share transfer (i.e. after 24, 36, 48, and 60 months as above), it will have earned successive 20% interests in the property.
Upon the property achieving commercial production, the Company will transfer to the vendor an additional 2,000,000 shares for every 20% interest it has earned up to a maximum of 8,000,000 shares. Only one claim has a net smelter royalty of 1%, payable to a third party.
Golden Arch will be the operator while it is still earning an interest and after, if it has the largest interest, and will be entitled to charge a 10% management fee on all expenditures on the property. After the first $500,000 work program is completed, the vendor is required to contribute to cash calls as a participating 20% joint venture partner in order to retain its 20% working interest in the property. Any party, which does not contribute to the work program as required by the operator, will lose 5% interest in the property for every $125,000 of non-contribution, which is funded by the other party.
The agreement was approved by the TSX Venture Exchange on March 1, 2007.
Who is 101083503 Saskatchewan Ltd.?
Franko saved me the $7.00 fee required to look up the registration.
fbruhm.proboards3.com/index.cgi?board=info&action=display&n=1&thread=1146437167
101083503 SASKATCHEWAN LTD.
Dir Became: 06-Apr-2006
Name: KOCH, EMERSON
Director: YES
Address:PARCEL A, SE 5-19-
26 W2ND, R.M. OF
MARQUIS #191, P.O.
BOX 63
City/Province: TUXFORD, SK
Country/Postal Code: CANADA, S0H4C0
Officer Position:PRESIDENT & SECRETARYTREASURER
Shareholder: YES
Resident Canadian: YES
Class Name: COMMON A
Shares Held: 100.00
Richard Somerville has prepared a Summary Report on Wakefield Lakes
www.goldenarchresources.com/pdf/WakefieldReport_April20_2007.pdf
RSGM R. Somerville Geological & Mining Engineering Ltd.
1299 Nose Point Road, Salt Spring Island, B.C. V8K 1 S5
Phone (250) 537-1688 Fax (250) 537-1689
SUMMARY REPORT ON THE
WAKEFIELD LAKES SASKATCHEWAN PROPERTY
EXECUTIVE SUMMARY
SUMMARY
Golden Arch Resources Ltd. has obtained an option to acquire an 80% interest in the
Wakefield Lakes Property which contains the George Lake Zinc Zone. Based on a
review of all the reports available in the Saskatchewan Government Mineral
Resource Index, including the results from a 43 diamond drill hole drill program by
Falconbridge, Noranda et al, this report summarizes my current understanding of the
Wakefield Lakes Zinc Property and proposes an exploration and development plan to
ascertain whether the identified George Lake Zinc Zone is suitable for economic
development. In addition, this report proposes a program to explore two other
previously discovered zinc concentrations in drill-holes both east and west of the
George Lake deposit.
PROPERTY & LOCATION
The Property covers 3669 hectares and is located in Northern Saskatchewan, south
and west of Wollaston Lake in NTS Map Sheets 64E12 and 64E5. It lies about 15
kilometers east of Saskatchewan Highway # 905, and about 300 road kilometers
north of La Ronge, Saskatchewan, the nearest major center.
The Property consists of six Saskatchewan Government Claims (see Appendix). The
Property is held in a numbered company (No. 101083503 Saskatchewan Ltd.), the
sole owner of which is Mr. Emerson Koch. A third party holds a 1% NSR on one of
the claims (S108409).
AGREEMENT
Golden Arch Resources Ltd. has entered into an agreement with 101083503
Saskatchewan Ltd. to acquire up to an 80% interest in the Property by spending
$500,000 in work per 20% acquired interest and issuing 7,000,000 shares (in 4
tranches) over a maximum period of five years. An additional 8,000,000 shares
would be issued if and when the Property achieved “Commercial Production” (see
Agreement in Appendix).
3.2 Land and Tenure and Property Agreements
The Wakefield Lakes Property comprises one contiguous group of 6 mining
claims The 6 claims not held directly by Golden Arch Resources Ltd., but are
held by them under an agreement with No. 101083503 Saskatchewan Ltd. and
listed in Table 3.2.1 and located on Map No. 2. One claim (S108409) is subject
to a net smelter return (NSR) to a third party. The author was unable to confirm
the specific terms of this transaction other than to confirm the terms of the NSR.
In any case, this claim is now registered in the name of No. 101083503
Saskatchewan Ltd. and is covered by the agreement between Golden Arch
Resources Ltd. and the Saskatchewan company.
Table 3.2.1: Wakefield Lakes Property Claims Information
Due Disp.
Num.
Status Owner(s) Location Size/
HA’s
NTS
Area
Claim
Due
Date
25-Oct
S107158
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
718 64E0
5
28-Jul-03
25-Oct
S107159
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
512 64E0
5
28-Jul-03
25-Oct
S107160
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
468 64E0
5
28-Jul-03
13-Sep
S108326
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
886 64E0
5
16-Jun-05
13-Sep
S108327
Active
101083503
Saskatchewan Ltd.
100%
Wakefield
Lake Area
963 64E0
5 &
64E0
6
16-Jun-05
30-Dec
S108419
Active
101083503
Saskatchewan Ltd.
100%(subject to 1%NSR)
Wakefield
Lake Area
122
64E0
5
3-Oct-05
Three of these claims were formerly in 101047025 Saskatchewan Ltd. “Emerson Koch and CMKX”, according to an old Database from early 2005.
"S-107158","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","BRAKEWELL LAKE AREA.",718,"64-E-05","Jul 28, 2003"," ","N"
"S-107159","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","BRAKEWELL LAKE AREA.",512,"64-E-05","Jul 28, 2003"," ","N"
"S-107160","ACTIVE","101047025 SASKATCHEWAN LTD. 100%","BRAKEWELL LAKE AREA.",468,"64-E-05","Jul 28, 2003"," ","N"
Given Carolyn Casavant's Private Placement in December 2004, is it possible that this deal with the 101047025 Sask Ltd had already been arranged?
Pink