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BRIEF-Rugby Amends the Mabuhay (Mother Lode) Option Agreement

Published 2019-03-07, 12:08 a/m
© Reuters.  BRIEF-Rugby Amends the Mabuhay (Mother Lode) Option Agreement

March 7 (Reuters) - Rugby Mining Ltd RUG.V :

* RUGBY AMENDS THE MABUHAY (MOTHER LODE) OPTION AGREEMENT

* RUGBY MINING LTD - AMENDED AGREEMENT PROVIDES THAT PAYMENTS DUE PURSUANT TO OPTION AGREEMENT CAN BE SETTLED IN CASH OR SHARES AT COMPANY'S ELECTION

* RUGBY MINING- FOLLOWING GRANT OF PERMITS TO COMMENCE EXPLORATION AT MABUHAY, CO WILL ISSUE AGGREGATE OF 365,000 COMMON SHARES AT DEEMED PRICE OF C$0.18 PER SHARE

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