Brief: Pan American To Acquire Canasil's Interest In The Sandra-Escobar Project
28/06/2019 23:36
June 28 (Reuters) - Canasil Resources Inc CLZ.V :
* CANASIL SIGNS DEFINITIVE AGREEMENT PROVIDING FOR PAN
AMERICAN TO
ACQUIRE CANASIL'S INTEREST IN THE SANDRA-ESCOBAR PROJECT AND
CLOSES TRANSACTION FOR CDN $2 MILLION AND 2% NSR INTEREST
* CANASIL RESOURCES INC - PAN AMERICAN RETAINS RIGHT TO
REDUCE NSR
ROYALTY INTEREST TO 1% AT ANY TIME BY PAYING COMPANY CDN $4
MILLION
Source text for Eikon: ID:nCNWN2Dsca
Further company coverage: CLZ.V PAAS.TO
((Reuters.Briefs@thomsonreuters.com;))
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