June 24 (Reuters) - Margaux Resources Ltd MRL.V :
* DGAP-NEWS: MARGAUX RESOURCES ANNOUNCES WILDSKY SHAREHOLDER APPROVAL OF OPTION AGREEMENT TO ACQUIRE CASSIAR GOLD PROJECT IN NORTHERN BRITISH COLUMBIA
* MARGAUX RESOURCES-UNDER TERMS OF OPTION AGREEMENT, CO HAS OPTION TO ACQUIRE A 100% INTEREST IN CASSIAR PROPERTY BY ACQUISITION OF ALL OF COMMON SHARES
* MARGAUX RESOURCES - TO NOT BUY ANY INTEREST WHATSOEVER IN CASSIAR SHARES UNTIL SUCH TIME AS IT SATISFIED ALL REQUIREMENTS OF EXERCISE OF OPTION
* MARGAUX RESOURCES-WILL ENGAGE INDEPENDENT RESERVES EVALUATOR TO COMPLETE UPDATED 43-101 REPORT & BASED ON FINDINGS OF IT,ANTICIPATES FURTHER QA/QC WORK
* MARGAUX RESOURCES - IN ORDER TO EXERCISE OPTION, MARGAUX MUST ISSUE 58.2 MILLION COMMON SHARES IN CAPITAL OF MARGAUX ISSUED AT DEEMED PRICE OF $0.08PER SHARE