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BRIEF-Sulliden enters agreement with Pitchblack to sell option to buy Troilus Gold Project
June 21, 2017 / 10:11 PM / in a month

BRIEF-Sulliden enters agreement with Pitchblack to sell option to buy Troilus Gold Project

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June 21 (Reuters) - Sulliden Minerals Sa

* Sulliden enters into agreement with Pitchblack to sell its option to buy the Troilus Gold Project

* Sulliden Minerals Sa - co to sell outstanding equity securities of Sulliden Sub to Pitchblack for issuance of 100 million shares of Pitchblack to co

* Sulliden Minerals Sa - also entered agreement with 251 ontario ltd to extinguish 251's option in troilus project

* Deemed sale price for sulliden sub shares is $41 million

* Sulliden Minerals Sa - agreement with 251 ontario ltd in exchange for 251 receiving their pro rata portion of consideration

* Sulliden currently owns 9.9% of issued and outstanding shares of pitchblack Source text for Eikon: Further company coverage:

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