County International Limited (ASX:CCJ) signed an agreement to acquire Far Northern Resources Ltd on December 24, 2020. As per terms of transaction, County International Limited will purchase all the shares in Far Northern Resources Ltd in consideration of stock in County International Limited. Transaction is subject to shareholder approval of County International Limited and listing approval from ASX. The acquisition of FNR includes an “earn-in” agreement with the owner of the remaining 19% of the Empire project. Under this agreement, County will have the opportunity, subject to conditions of timing and value, to increase its holding in the project up to 94%. County International Limited (ASX:CCJ) cancelled the acquisition of Far Northern Resources Ltd on September 16, 2021.