Orsu Metals Corporation (TSXV:OSU) entered into a non-binding letter of intent to acquire a portfolio of Alexandrovskoye assets in Russia on October 29, 2020. Pursuant to the LOI, Orsu Metals Corporation has the exclusive right to conduct due diligence and agree on the structure and terms of the transaction and execution of a definitive agreement by February 28, 2021. The transaction is subject to customary closing conditions, including due diligence by each of Orsu and GOK, the negotiation and finalization of a binding definitive agreement for the Transaction, the approval of the Transaction by the Boards of Directors of each of Orsu and the sellers, and the approval of the TSX Venture Exchange. Orsu Metals Corporation (TSXV:OSU) cancelled the acquisition portfolio of Alexandrovskoye assets in Russia on April 6, 2021