NM Northern Empire Resources Corp (delisted)

TORONTO, ONTARIO (TSX VENTURE: NM) is pleased to announce that it has entered into an agreement with Eternal Energy Corp. to acquire a 50% working interest in and to 5,950 net acres of petroleum and natural gas leases in eastern Utah and western Colorado together with all well data, log analyses and other information respecting the play. The purchase price is US $1,190,160 payable on closing. The company has also agreed to grant to the sellers an overriding royalty on production from the properties at a rate which is variable based on other pre-existing royalty on the properties and which will result in Next Millennium having an 80% interest in its 50% working interest in the properties.

This acquisition is subject to TSX-V approval.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Next Millennium Commercial Corp. Michael Curtis President and Chief Executive Officer (514) 739-1915 (905) 248-5353 (FAX) Email: mcurtis@cardwellcap.com

Northern Empire Resources Corp. (TSXV:NM)
Historical Stock Chart
From May 2024 to Jun 2024

Northern Empire Resources Corp. (TSXV:NM)
Historical Stock Chart
From Jun 2023 to Jun 2024