MCR mincor resources nl
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News: MCR Mincor Resources NL To Acquire Long Nickel Operation From Independence Group

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    23/05/19
    11:30
    Post #: 38707555

    May 23 (Reuters) - Mincor Resources NL (MCR) :

    • ANNOUNCES ACQUISITION OF LONG NICKEL OPERATION FROM INDEPENDENCE GROUP NL
    • DEAL FOR UPFRONT CONSIDERATION OF A$3.5 MLN
    • A$6.0 MLN PAYABLE IN ADDITIONAL CONSIDERATION ON ACHIEVEMENT ON CERTAIN PRODUCTION-BASED MILESTONES
    • IGO TO CONTRIBUTE A$1.5 MLN TOWARDS A CAPITAL RAISING BEING CONDUCTED
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