E.L. II Properties Trust entered into a share purchase agreement to acquire 7.5% stake in Centenera Mining Corporation (TSXV:CT) from Cardero Resource Corp. (TSXV:CDU) for $0.65 million on January 3, 2018. Cardero Resource will use the proceeds to fund the options agreement due on January 8, 2018.

E.L. II Properties Trust completed the acquisition of 7.5% stake in Centenera Mining Corporation (TSXV:CT) from Cardero Resource Corp. (TSXV:CDU) in the three months ended January 31, 2018.