Brief: Orefinders To Acquire Grizzly Gold Project In Chibougamau Quebec
29/11/2022 11:20
Nov 29 (Reuters) - Orefinders Resources Inc ORX.V :
* OREFINDERS TO ACQUIRE GRIZZLY GOLD PROJECT IN CHIBOUGAMAU
QUEBEC
* OREFINDERS RESOURCES-COMMITTING $450,000 IN CASH/SHARES,
$750,000 IN WORK COMMITMENTS ON PROPERTY OVER NEXT 48 YEARS TO
EARN 100% INTEREST IN GRIZZLY
* OREFINDERS RESOURCES - VENDORS WILL RETAIN 2.5% NSR ON
GRIZZLY,
OF WHICH CO HAS RIGHT TO BUY BACK THREE-FIFTHS THEREOF FROM
OPTIONOR, AT $1,000,000
Source text for Eikon: ID:nCNWP1D1Na
Further company coverage: ORX.V
((Reuters.Briefs@thomsonreuters.com;))
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