"6,522,366 Coronet Metals Inc (Coronet) shares, to the value of US$2,ooo,ooo, were acquired as part consideration for the sale of the Company?s subsidiary Golden Eagle Resources and mining information to Coronet Metals Inc. The balance of the consideration of the sale to
Coronet (ie US$3.75m) is held in trust pending the issue of a tax certificate from the Peruvian taxation authorities."
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