Brief: Goldmining To Acquire Yarumalito Gold Project In Colombia

GoldMining

04/11/2019 13:08

Nov 4 (Reuters) - GoldMining Inc  GOLD.TO :
    * GOLDMINING TO ACQUIRE YARUMALITO GOLD PROJECT IN COLOMBIA
    * GOLDMINING - YARUMALITO ACQUISITION WILL FURTHER EXPAND
GOLDMINING'S PORTFOLIO OF GOLD-COPPER PROJECTS IN MID CAUCA BELT
OF CENTRAL COLOMBIA
    * GOLDMINING - TOTAL CONSIDERATION FOR DEAL WITH YARUMALITO
GOLD
PROJECT WILL BE COMPRISED OF $1.2 MILLION PAYABLE IN  SHARES,
AND $200,000, PAYABLE IN CASH
    * GOLDMINING - NEWRANGE TO RETAIN 1% NET SMELTER RETURNS
ROYALTY,
WHICH CAN BE PURCHASED BY GOLDMINING FOR $1 MILLION

Source text for Eikon:  ID:nCNWFFK2za 
Further company coverage:  GOLD.TO 

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