|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2016) - Sanatana Resources Inc. ("Sanatana" or the "Company") (TSX VENTURE:STA) has reached a settlement with its former director, Barry Fraser, regarding amounts due to him. For cash payment of $65,000 and issuance of 1,000,000 common shares, the Company settled an obligation to pay $56,000 in director fees and a success fee of $103,494 on the sale of the Watershed Property. The common shares issued will be subject to a hold period of four months and a day from the date of issuance. |
