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GreekReporter.comGreek NewsCyprusCanadian Firm Interested in Searching for Gold in Village Near Paphos

Canadian Firm Interested in Searching for Gold in Village Near Paphos

Canadian Northern Lion Gold Corp. is awaiting the corresponding approval by the Vancouver Stock Exchange to proceed with signing a six months agreement with six women from the village of Armino, in Paphos, Cyrpus.
The agreement will allow the Canadian company to search for gold in the tract of land belonging to the six women, reported Nicosia-based newspaper Phileleftheros.
According to the Phileleftheros report, the data has been assessed as highly promising by the Gold Corp., which has already been licensed by the competent authorities of the republic of Cyprus to proceed with preliminary aerial electromagnetic and aeromagnetic geological research and scanning of the region.
Northern Lion has issued an official announcement to the Vancouver and Frankfurt Stock Exchange informing them that by signing the agreement each one of the six owners of the land will receive 2,500 shares of the company to be founded, reporter the Cyprus edition of Kathimerini daily.
If the deal expands in time, the sharehold of the six women will rise to 3,334 for each one of them. According to Kathimerini, the six women are Athena Christodoulou, Antonitsa Kyprianou, Euthymia Papadopoulou, Zooula Papadopoulou, Suzana Papadopoulou and Eleni Papadopoulou.

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