Canoe mining moved closer to the Shebandowan copper-gold mineralization belt integration|compression copper fittings

 

Canoe mining investment Corporation (TSXV:CLV) announced that by working with Glencore Canada company, ultimate MEGA uranium Ltd (TSX:MGA) and the rainy mountain royalty company (TSXV:RMO), the company will acquire Hamlin pension Creek properties.
The move is in line with the company's "corporate strategy, consolidating the Shebandowan copper-gold belt".
As quoted in the press release:
After the closing of the transaction, the management will be integrated into the district, including canoe gold mining East Brook proprietary database of information by the previous operators ' extensive geological data sets.
In accordance with the provisions of the final agreement and in consideration for property, Glencore will receive $50,000,1% net smelter royalty, and provides acquisition agreement with respect to any future right of first refusal. In addition, rainy mountain royalty company and mega uranium Ltd each canoe to issue 1 million shares in the mining capital.
Canoe mining also announced that it intends to undertake to contain non-brokered private placement of up to 2,000,000 units price per unit (''), $ 0.15 total total receipts amounted to $ 300000 (private) stock issue

Canoe mining investment Corporation (TSXV:CLV) announced that by working with Glencore Canada company, ultimate MEGA uranium Ltd (TSX:MGA) and the rainy mountain royalty company (TSXV:RMO), the company will acquire Hamlin pension Creek properties.

 

The move is in line with the company's "corporate strategy, consolidating the Shebandowan copper-gold belt".

 

As quoted in the press release:

 

After the closing of the transaction, the management will be integrated into the district, including canoe gold mining East Brook proprietary database of information by the previous operators ' extensive geological data sets.

 

In accordance with the provisions of the final agreement and in consideration for property, Glencore will receive $50,000,1% net smelter royalty, and provides acquisition agreement with respect to any future right of first refusal. In addition, rainy mountain royalty company and mega uranium Ltd each canoe to issue 1 million shares in the mining capital.

 

Canoe mining also announced that it intends to undertake to contain non-brokered private placement of up to 2,000,000 units price per unit (''), $ 0.15 total total receipts amounted to $ 300000 (private) stock issue

 

 

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