Renaissance strikes two deals

Renaissance Gold Inc., which operates from Reno, said last week it struck a deal to sell properties in Argentina to Atala Resources Corp., a privately held Canadian firm.

Atala will pay up to $100,000 in cash, issue 100,000 of its common shares and provide a royalty interest to Renaissance.

Seperately, Renaissance said it signed an exploration agreement with Callinan Royalties Corp. of Vancouver.

Callinan will fund $150,000 of exploration by Renaissance in southern Nevada in the next year and will have the option to fund up to $100,000 in exploration in each of the next two years.