Brief: Sparton Resources Agreement To Purchase Vanadium Mining License
16/04/2019 14:46
April 16 (Reuters) - Sparton Resources Inc SRI.V :
* SPARTON RESOURCES INC. AGREEMENT TO PURCHASE VANADIUM
MINING
LICENSE
* SPARTON RESOURCES INC - PURCHASE PRICE WILL BE WITHIN
RANGE OF
RMB 14-22 MILLION (CDN$2.78-$4.37 MILLION)
* SPARTON RESOURCES INC - VSTAR INDUSTRIES SIGNED A BINDING
TERM
SHEET TO ACQUIRE 100% OF BEI AN MINING LICENSE IN JIANGXI
PROVINCE CHINA.
* SPARTON RESOURCES INC - PAYMENT IS CONTEMPLATED TO BE IN A
SERIES OF TRANCHES RELATED TO MILESTONES
Source text for Eikon: ID:nGNX3fBk5d
Further company coverage: SRI.V
((Reuters.Briefs@thomsonreuters.com;))
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