Grosvenor Resource Corporation (TSXV:GVR) entered into an agreement to acquire Powder Property, located 75 Kilometers north of Kamloops from Ken Ellerbeck for CAD 0.02 million on May 10, 2018. The consideration includes payment of CAD 7,500 in cash and issuance of 0.05 million common shares. The vendor will retain a net smelter return royalty of 2 per cent. The transaction is subject to the acceptance of the TSX Venture Exchange. Grosvenor Resource Corporation (TSXV:GVR) completed the acquisition of Powder Property, located 75 Kilometers north of Kamloops from Ken Ellerbeck on May 22, 2018. As of May 22, 2018 Grosvenor Resource Corporation received TSX Venture Exchange approval.