Explor Resources, Inc. (TSXV:EXS) signed an agreement to acquire 8 Mining Claims Situated in the Porcupine Mining Division from Knick Exploration Inc (TSXV:KNX) for CAD 0.14 million on December 22, 2014. Explor Resources will pay CAD 0.05 million in cash and issue 2 million shares of its common stock. There is an existing 2% NSR and 2% gross overriding receipts royalty on all diamonds extracted from the claims. Explor Resources has the right to buyback 0.5% of the NSR for the sum of CAD 1 million. The transaction is subject to the approval of the TSX Venture Exchange.

Explor Resources, Inc. (TSXV:EXS) completed the acquisition of 8 Mining Claims Situated in the Porcupine Mining Division from Knick Exploration Inc (TSXV:KNX) on January 29, 2015.