July 15 (Reuters) - K2 Gold Corp KTO.V :
* K2 ENTERS INTO OPTION AGREEMENT TO ACQUIRE 100% OF THE MOJAVE GOLD PROJECT, CALIFORNIA
* K2 GOLD CORP - K2 CAN EARN A 100% INTEREST IN MOJAVE GOLD PROJECT BY PAYING AN AGGREGATE OF $1.4 MILLION OVER A PERIOD OF FOUR YEARS