MIRANDA AND PRISM AGREEMENT EFFECTIVE FOR CERRO ORO PROJECT, COLOMBIAMiranda and Prism Agreement • June 30th, 2014 • Miranda Gold Corp • Metal mining
Contract Type FiledJune 30th, 2014 Company IndustryVancouver, BC, Canada – June 23, 2014 - Miranda Gold Corp. ("Miranda") (TSX-V: MAD) and Prism Resources Inc. (“Prism”) (NEX:PRS.H) are pleased to announce that further to the press release dated April 2, 2014, the agreement with Prism is now effective and Prism issued Miranda 200,000 common shares, and reimbursed Miranda US$90,000 that were paid by Miranda to the underlying leaseholder. Prism will be obligated to fund exploration related expenditures of US$4,000,000 to earn a 51% interest and through additional funding can earn an additional 19% for a total interest of 70%.