Commander to Acquire 100% Interest in Sarah Lake Nickel Property, Labrador
May 17, 2013
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VANCOUVER, BC - Commander Resources Ltd. (CMD-TSX.V, "Commander") reports that it has reached agreement with Donner Metals Ltd. (DON-TSX.V, "Donner") to acquire Donner's 51.68% interest in the Sarah Lake nickel property in Labrador, subject to Exchange approval. Donner and Commander have been Joint Venture partners in this property under the terms of an Option/Joint Venture Agreement dated November 18, 1995. Commander has agreed to purchase Donner's interest in exchange for 100,000 shares of Commander. Following completion of the sale the Joint Venture Agreement will be terminated and Commander will hold a 100% interest in the property
COMMANDER trades on the TSX Venture Exchange under the symbol "CMD". For additional information, please visit the Company's website at http://www.commanderresources.com.
On behalf of the Board of Directors,
Eric W. Norton
President & CEO
For further information, please call:
Cathy DiVito, Investor Relations
Toll Free: 1-800-667-7866
info@commanderresources.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
COMMANDER trades on the TSX Venture Exchange under the symbol "CMD". For additional information, please visit the Company's website at http://www.commanderresources.com.
On behalf of the Board of Directors,
Eric W. Norton
President & CEO
For further information, please call:
Cathy DiVito, Investor Relations
Toll Free: 1-800-667-7866
info@commanderresources.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.