Prospector Metals Corp. (TSXV:PPP) entered in to a Property Acquisition Agreement to acquire Savant Gold Project in Ontario from Capella Minerals Limited (TSXV:CMIL) for CAD 0.22 million on April 3, 2024.The consideration includes cash payment of CAD 0.05 million on closing, Issuance of 1 million common shares and Capella Minerals to retain a 1% Net Smelter Royalty ("NSR") on any potential future production from the property (with 0.5% being purchasable at any time for CAD 1,000,000).The Property Acquisition Agreement replaces the existing Earn-In Agreement in its entirety, and closing will be subject to TSX Venture Exchange (and other regulatory) approvals being obtained.
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5-day change | 1st Jan Change | ||
0.15 CAD | -6.25% | 0.00% | +11.11% |
Stocks mentioned in the article
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Capi.
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0.15 CAD | -6.25% | 0.00% | 5.2M | ||
0.02 CAD | 0.00% | 0.00% | 3.48M | ||
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+11.11% | 5.2M | |
-0.80% | 125B | |
+6.23% | 76.75B | |
+19.27% | 52.64B | |
+4.22% | 49.06B | |
+36.00% | 41.27B | |
+94.59% | 31.39B | |
+30.73% | 27.93B | |
+77.37% | 20.44B | |
+64.05% | 19.67B |
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- Prospector Metals Corp. entered in to a Property Acquisition Agreement to acquire Savant Gold Project in Ontario from Capella Minerals Limited for CAD 0.22 million.