Brief: Rio silver and Magellan Gold signs a definitive agreement
24/10/2016 22:31
Oct 24 (Reuters) - Rio Silver Inc RYO.V -
* Rio Silver and Magellan Gold sign definitive agreement for
earn - in at Niñobamba silver/gold project in central Peru
* In order to exercise option, Magellan must spend US$2
million over next 3 years
* Additionally, Magellan is obligated to subscribe for two
Rio Silver private placement unit financings of $75,000 each
Source text for Eikon: ID:nGNXNKJUKa
Further company coverage: RYO.V
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