Brief: Treasury Metals To Acquire Neighboring Goldlund Project, Consolidating An Emerging Canadian Gold District
03/06/2020 21:23
June 3 (Reuters) - Treasury Metals Inc TML.TO :
* TREASURY METALS TO ACQUIRE NEIGHBORING GOLDLUND PROJECT,
CONSOLIDATING AN EMERGING CANADIAN GOLD DISTRICT
* TREASURY METALS - UNDER AGREEMENT, FIRST MINING TO GET 130
MILLION COMMON SHARES OF CO, 35 MILLION COMMON SHARE PURCHASE
WARRANTS OF CO
* TREASURY METALS - UNDER AGREEMENT, FIRST MINING TO ALSO
GET 1.5%
NET SMELTER RETURNS ROYALTY COVERING GOLDLUND CLAIMS, MILESTONE
CASH PAYMENT OF $5 MILLION
Source text for Eikon: ID:nCNWHyK3Sa
Further company coverage: TML.TO
((Reuters.Briefs@thomsonreuters.com;))
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