2003 News Releases
Maple Minerals Corp. And Brownstone Resource Inc. Enter Into Shares For Debt Settlement Agreement
November 3, 2003
Maple Minerals Corp. (“Maple”) and Brownstone Resources Inc. (“Brownstone”) jointly announce that they have entered into an agreement whereby Maple has agreed to issue a total of 480,950 common shares of its capital stock to Brownstone at a deemed price of $0.40 per share, in settlement of debt owed by Maple to Brownstone in the amount of $192,380.00. The shares issued to Brownstone will have a 4 month hold period from the date of closing. This transaction is subject to acceptance by the TSX Venture Exchange.
The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.
For further information:
Luigi M. Falzone Sheldon Inwentash
Maple Minerals Corp. Brownstone Resources Inc.
(416) 941-9600 ext. 5099 (416) 941-9600 ext. 5088