Valencia Sells Interest in Cachinal Silver Project – Chile

October 5, 2009 Filed Under: Precious Metal  
Valencia Sells Interest in Cachinal Silver Project - Chile

Valencia Ventures Inc. announced that it has entered into an agreement to sell up to a 100% interest in its Cachinal Silver Project, Chile to Apogee Minerals Ltd. Under terms of the Agreement, Apogee will purchase 75% of Valencia’s interest in the Property by paying $200,000 in cash and issuing 3 million units of Apogee where each unit will comprise one Apogee share and one Apogee warrant with...