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VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 19, 2014) - Aldrin Resource Corp ("Aldrin") (TSX VENTURE:ALN)(FRANKFURT:OAA) announces that it has received TSX Venture Exchange approval to convert $220,000 of an option payment owing on its Triple M Uranium Property to equity. A $500,000 cash option payment owing to Sotet Capital Limited (Mr. Stephen Stanley), on March 18, 2014 will now be paid by $280,000 in cash and $220,000 in units of Aldrin at $0.055 per unit. Each unit is comprised of one common share and a half warrant with each whole warrant being exercisable into one Aldrin common share at $0.10 per share for a period of two years. |
