Canadian Platinum Corp. (TSXV:CPC) entered into an agreement to acquire 70% stake in Cook Gold project in Humboldt County, Nevada from Todd Montgomery for CAD 0.5 million on January 9, 2017. Canadian Platinum Corp. will issue its 50 million shares as consideration. The seller will retain 30% stake in Cook Gold project. The transaction is subject to regulatory approvals including the TSX Venture Exchange and any terms and conditions imposed by the regulatory authorities regarding share issuance. The conditions may include escrow provisions and disinterested shareholder approval if the transaction results in ownership of more than 20% of the outstanding common shares of Canadian Platinum Corp. As of April 6, 2017, deal has received conditional approval from TSX. Computershare Trust Company Of Canada acted as transfer agent to Canadian Platinum.