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Capstone Mining agrees to sell Kutcho project
Capstone Mining Corp. has entered into a definitive share purchase agreement to sell its Kutcho development project to Desert Star Resources Ltd. Under the terms of the agreement, Capstone will receive C$28.8 million in cash,common shares of Desert Star representing 9.9% of the issued and outstanding shares upon completion of the transaction, and will have the right to nominate one representative to the Desert Star board of diectors under certain circumstances.
Capstone Mining agrees to sell Kutcho project
Capstone Mining Corp. has entered into a definitive share purchase agreement to sell its Kutcho development project to Desert Star Resources Ltd. Under the terms of the agreement, Capstone will receive C$28.8 million in cash,common shares of Desert Star representing 9.9% of the issued and outstanding shares upon completion of the transaction, and will have the right to nominate one representative to the Desert Star board of diectors under certain circumstances.
Capstone Mining agrees to sell Kutcho project
2017
Aufsatz (Zeitschrift)
Englisch
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