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Monument Mining: Monument Enters into Agreement for Sale of Mengapur Project in Malaysia Monument or the Company ) is pleased to announce that it has entered into a definitive Purchase and Sale Agreement (the Definitive Fortress ) to sell Fortress a 100% interest in its Malaysian subsidiary, Monument Mengapur Sdn Bhd ( MMSB ), which owns a 100% interest in the Mengapur Copper and Iron Project (the Mengapur Project ). Cathy Zhai, President and CEO of the Company stated upon signing the Definitive Agreement: I am very pleased to announce the signing of the Definitive Agreement for the Mengapur Project. This is a part of our corporate restructuring that will spin off the base metal project and allow us to focus on the development of our gold portfolios in both Malaysia and Western Australia . ....
Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia December 24, 2020 22:19 ET | Source: Monument Mining Monument Mining Vancouver, British Columbia, CANADA VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce that the Transaction of the Joint Venture Arrangement with Odyssey Gold Ltd (ASX: ODY) has closed, ODY now owns 80% of the Tuckanarra Gold Project (“Tuckanarra”) leaving Monument with a 20% free carry interest. Tuckanarra is located in the Murchison Goldfield. The JV arrangement allows Tuckanarra exploration to be advanced right away; and provides Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant. ....
Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce that the Transaction of the Joint Venture Arrangement with Odyssey Gold Ltd (ASX: ODY) has closed, ODY now owns 80% of the Tuckanarra Gold Project (“Tuckanarra”) leaving Monument with a 20% free carry interest. Tuckanarra is located in the Murchison Goldfield. The JV arrangement allows Tuckanarra exploration to be advanced right away; and provides Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant. ....
(2) VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) Monument or the Company is pleased to announce that the Transaction of the Joint Venture Arrangement with Odyssey Gold Ltd (ASX: ODY) has closed, ODY now owns 80% of the Tuckanarra Gold Project ( Tuckanarra ) leaving Monument with a 20% free carry interest. Tuckanarra is located in the Murchison Goldfield. The JV arrangement allows Tuckanarra exploration to be advanced right away; and provides Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant. At closing, Monument has received the first payment of AUD$2,000,000, leaving AUD$2,000,000 cash payable due within 6 months. A AUD$1,000,000 contingency cash payment may become payable within 36 months of completion of the acquisition, conditioned upon the delineation of an independently assessed mineral resource in accordance with the JORC Code (2 ....