Indigo Exploration Inc.

Indigo Exploration Inc.

September 10, 2012 17:11 ET

Indigo Exploration Inc. Amends Moule Option Agreement, Burkina Faso

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2012) - Indigo Exploration Inc. (TSX VENTURE:IXI)(FRANKFURT:INE) reports that it has amended its option agreement on the Moule Permit in Burkina Faso. Pursuant to the option agreement, as amended, the Company was required to make a cash payment of $35,000 on or before August 31, 2012.

Under the terms of the new amendment, the Company will make a cash payment of $20,000 and will issue 300,000 common shares, at a deemed price of $0.05 per share, subject to TSX Venture Exchange approval. The Optionor has agreed not to trade the shares for a period of six months.

On Behalf of the Board of Directors,

Keir Reynolds, Interim President

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Indigo Exploration Inc.
    Paul Cowley
    (604) 340-7711

    Indigo Exploration Inc.
    Keir Reynolds
    (778) 998-9242