Now they have the $$ to move forward...watch CCB,,,could start to get interesting..and UBR now has 5 million shares..more value to an already undervalued stock.

 

Cheers

 

Canada Carbon agreement for Asbury mine
Ticker Symbol: C:CCB C:UBR

 

Canada Carbon agreement for Asbury mine

 

Canada Carbon Inc (C:CCB)
Shares Issued 52,104,558
Last Close 11/30/2012 $0.06
Monday December 03 2012 - Property Agreement

Also Uragold Bay Resources Inc (2) (C:UBR) Property Agreement

The TSX Venture Exchange has accepted for filing documentation pertaining to a mining claims purchase and transfer agreement, made as of Aug. 29, 2012, between Canada Carbon Inc. and Uragold Bay Resources Inc., whereby Canada Carbon has acquired a 100-per-cent interest in certain mineral concessions (the Asbury mine property), located approximately 10 kilometres northeast of Notre-Dame-du-Laus and 120 kilometres north of the Ottawa-Gatineau area.

Under the terms of the agreement, Canada Carbon will earn a 100-per-cent interest in the property by making cash payments of $300,000 and issuing five million common shares to Uragold.

For further details, please refer to the company's news releases dated Aug. 9, 2012, and Sept. 5, 2012.

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