Colorado Goldfields, Inc. (OTCPK:CGFI) entered into a contract to acquire the Champion Mine from Jo Grant Mining Company, Inc. for $6.5 million in cash and stock on November 2, 2012. Under the terms of the agreement, Colorado shall issue 24 million shares and pay $3.05 million till January 6, 2013. Also Colorado Goldfields shall provide Jo Grant for a period of 99 years a 5% Net Smelter Royalty on the Champion Mining Claims.
1st Jan change | Capi. | |
---|---|---|
-13.41% | 146B | |
-8.78% | 112B | |
+1.04% | 71.84B | |
+7.42% | 43.17B | |
-13.90% | 40.97B | |
+23.08% | 36.85B | |
+111.65% | 33.02B | |
+22.91% | 25.11B | |
+79.42% | 20.35B |