Trans Oceanic Minerals Company Ltd. entered into a letter of intent to acquire 13.91% stake in C2C Gold Corp. (OTCPK:CTCG.F) from Sabre Gold Mines Corp. for CAD 0.8 million.

C2C Metals Corp. is a Canada-based mineral exploration company. The Company holds a portfolio of uranium, gold and copper projects in the United States and Canada. Its projects include Codroy Uranium Project, Melinda Uranium Project, Newfoundland Gold, Lucky Joe Gold/Copper, Sonora Gulch Gold/Copper, and Blue Jay Mine Project. Its Codroy Uranium Project covers approximately 2,825 hectares (ha) and has seven documented uranium occurrences, located approximately 50 kilometers (km) north of Port aux Basque, Newfoundland. Its Lucky Joe Gold/Copper Project consists of over 548 claims covering approximately 11,453 hectares of the Dawson Mining Division located approximately 55 km due south of Dawson City, Yukon. Its Sonora Gulch Gold/Copper Project consists of over 259 mineral claims, covering approximately 5,414 hectares, located 110 km northwest of Carmacks, Yukon. The Blue Jay Mine Project lies in San Juan County, Utah, and is located in the La Sal Uranium District.