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ACNC

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ACNCAccounts Currently Not Collectable

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ACNC and Inco Limited did extensive drilling on the acquired lands by between 1950 and 1974.
Following the terms of a Letter of Intent signed in December 2003 Franconia will reimburse ACNC for land holding costs since that date by issuing 395,821 of the common shares of Franconia Minerals Corporation for a deemed value of US$114,708 (CDN$0.
 
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