Lorraine Copper acquires Lustdust copper-gold-silver property from ALQ Gold

September 22, 2016

On September 22, 2016, Lorraine Copper Corp. (TSXV: LLC) announced that it had completed a purchase agreement with ALQ Gold Corp. (TSXV: ALQ) concerning the Lustdust copper-gold-silver-lead-zinc project located in the Omineca region of British Columbia. Lorraine Copper purchased a 100% interest in the Lustdust project by issuing 5.5 million shares to ALQ Gold and paying $50,000.

Lorraine Copper holds a 49% interest in the Lorraine copper-gold project in a joint venture with Teck Resources Limited and a 40% interest in the Okeover (OK) copper-molybdenum project.

Greg Smith of Miller Thomson advised Lorraine Copper in this transaction.