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Greenland Resources Purchase Agreement with Cryptologic Corp


Greenland Resources Signs Share Purchase Agreement with Cryptologic Corp.
Written by AZoMiningJan 29 2021
Greenland Resources Inc. reports that it has signed a binding share purchase agreement with Cryptologic Corp. on January 27
th, 2021, for the sale of 100% of the outstanding shares of Copenhagen Minerals Inc., Greenland Resources’ 100% owned subsidiary.
Copenhagen Minerals owns the Storø Gold Project, which is situated in southwest Greenland.
The management of Greenland Resources considers that the transaction will add up value to the company’s shareholders and will enable the company to concentrate on its flagship, best-in-class Malmbjerg molybdenum project located in east-central Greenland, while also helping toward the progress of the Storø Gold Project. ....

Ltd In Lakefield , Cryptologic Corp , Greenland Resources Inc , Copenhagen Minerals , Copenhagen Minerals Inc , Greenland Resource , Gold Project , Greenland Resources , Consideration Shares , லிமிடெட் இல் லேக்ஃபீல்ட் , கிரிப்டோலஜிக் கார்ப் , கிரீன்லாந்து வளங்கள் இன்க் , கோபெந்ஹேகந் தாதுக்கள் , கோபெந்ஹேகந் தாதுக்கள் இன்க் , கிரீன்லாந்து வள , தங்கம் ப்ராஜெக்ட் , கிரீன்லாந்து வளங்கள் ,

Cryptologic Corp. Announces Proposed Acquisition of Copenhagen Minerals Inc. and the Storø Gold Project


Company” or “
Cryptologic”) is pleased to announce that it has entered into a binding share purchase agreement with Greenland Resources Inc. (the “
Seller”) on January 27, 2021 to acquire 100% of the outstanding shares of the Seller’s wholly-owned subsidiary, Copenhagen Minerals Inc. (“
Copenhagen”), which owns 100% of a mineral exploration license known as the Storø Gold Project, located in Greenland (the “
Acquisition”).
The Storø Gold Project is located some 40 km northeast of Nuuk, the capital of Greenland. It is located on the 12 km
2 mineral exploration License No. 2014/11 and hosts an inferred mineral resource of 885,000 tonnes at a grade of 3.4 g/t gold. The Storø Gold Project is devoid of vegetation and overburden, which facilitates exploration and enjoys year-round property access for eventual mining and ice-free shipping. In addition, there is a second larger 540 km ....

Joshua Lebovic , John Kennedy Fitzgerald , Person Under National Instrument , Company Or Cryptologic , Cryptologic Corp , Greenland Resources Inc , Copenhagen Minerals Inc , Canadian Securities Exchange , Greenland Resources , Copenhagen Minerals , Gold Project , Technical Report , Consideration Shares , Chief Executive Officer , Chief Financial Officer , Greg Mckenzie , Qualified Person , National Instrument , ஜோஷுவா லெபோவிக் , ஜான் கெந்நெடீ ஃபிட்ஸ்‌ஜெரல்ட் , நபர் கீழ் தேசிய கருவி , நிறுவனம் அல்லது கிரிப்டோலஜிக் , கிரிப்டோலஜிக் கார்ப் , கிரீன்லாந்து வளங்கள் இன்க் , கோபெந்ஹேகந் தாதுக்கள் இன்க் , கனடியன் பத்திரங்கள் பரிமாற்றம் ,