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Bayshore Petroleum Corp. (“
Bayshore” or the “
Company”) (TSXV: BSH) is pleased to announce that it has entered into a letter of intent (the “
Letter of Intent”) dated effective May 17, 2021 outlining the general terms and conditions with respect to the acquisition (the “
Acquisition”) by Bayshore of all the issued and outstanding share capital of Infinitum Copper Corp. (“
Infinitum”). The Acquisition of Infinitum will constitute a reverse takeover under Policy 5.2 of the TSX Venture Exchange (the “
Exchange”), and is subject to approval of the Exchange. This news release will be followed by a further comprehensive news release setting out additional details of the Acquisition in accordance with Exchange Policy 5.2.
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Sonoro Gold’s Management Team
John M. Darch Chairman & Director
John M Darch brings over 35-years of experience in the financing and management of natural resource-related projects in both the public and private sectors. In 1981, he co-founded the Vancouver-based Crew Group of Companies which created various natural resources companies including gold, diamonds, geothermal, coal, antimony, nickel and copper, tin and potash. Darch has successfully secured over US$
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