North Peak signs LOI to buy Nevada mine complex
North Peak has signed a letter of intent (LOI) with Solarljos and Gullsil from Nevada, to acquire the Prospect Mountain Mine complex.
Source: mining-technology.com
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North Peak Resources Signs Letter of Intent to Acquire Prospect Mountain Mine Complex in Silver-Gold-Lead District of Eureka, Nevada
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Source: juniorminingnetwork.com
North Peak signs LoI to acquire Prospect Mountain Mine Complex in Silver-Gold-Lead District
The acquisition involves the issuance of eight million common shares of the company in two phases - an initial tranche of five million shares to acquire an 80 per cent interest in the property, and at the company's discretion, an additional three million shares to acquire the remaining 20 per cent interest.
Source: canadianmanufacturing.com