Prospector Metals Corp. (TSXV:PPP) entered in to a Property Acquisition Agreement to acquire Savant Gold Project in Ontario from Capella Minerals Limited (TSXV:CMIL) for CAD 0.22 million on April 4, 2024.The consideration includes cash payment of CAD 0.05 million on closing, Issuance of 1 million common shares and Capella Minerals to retain a 1% Net Smelter Royalty ("NSR") on any potential future production from the property (with 0.5% being purchasable at any time for CAD 1,000,000).The Property Acquisition Agreement replaces the existing Earn-In Agreement in its entirety, and closing will be subject to TSX Venture Exchange (and other regulatory) approvals being obtained.
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5-day change | 1st Jan Change | ||
0.155 CAD | 0.00% | -3.12% | +14.81% |
Apr. 23 | Prospector Metals Corp. announced that it expects to receive CAD 0.75 million in funding | CI |
Apr. 04 | Prospector Metals Corp. Provides Update on Key Ontario Nickel and Gold Projects | CI |
Stocks mentioned in the article
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Capi.
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0.155 CAD | 0.00% | -3.12% | 5.35M | ||
0.02 CAD | 0.00% | +33.33% | 3.47M | ||
1st Jan change | Capi. | |
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+14.81% | 5.35M | |
-14.64% | 143B | |
-5.96% | 118B | |
-0.04% | 72.22B | |
+6.49% | 50.88B | |
+15.88% | 48.79B | |
+35.62% | 41.86B | |
+24.57% | 26.52B | |
+34.23% | 21.47B | |
+60.47% | 18.94B |
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- Prospector Metals Corp. entered in to a Property Acquisition Agreement to acquire Savant Gold Project in Ontario from Capella Minerals Limited for CAD 0.22 million.