Amarc acquires ground for Hubble Property in South-Central British Columbia

31 December 2011: Amarc Resources has entered into a purchase agreement to acquire six mineral claims comprising approx 70 sq km adjacent to its Hubble property in south-central British Columbia. Pursuant to the agreement, Amarc can acquire a 100 per cent interest in the property by issuing 80,000 common shares and making a cash payment of $50,000. The agreement is subject to acceptance by the TSX Venture Exchange. The Amarc shares will be subject to a statutory four-month hold period under Canadian securities requirements.

Source: Yourindustrynews