Rockland Minerals Corp. (TSXV:RL) has entered into an agreement to earn 100% interest on the Retty Lake Cu-Ni-PGM property in Quebec. To complete the option, the Company will pay Ernest D. Black a final payment of 1,600,000 common shares.
As quoted in the press release:
Rockland had approximately $620,000 in work commitments remaining on the Retty Lake property and the final share payment to E.D. Black will eliminate the work commitment.