Fidelity Minerals Corp. agreed to acquire additional 5.5% of stake in Core Las Huaquillas Project from Alexander Ernesto Vidaurre Otayza and Lida Avelina Pimentel Jibaja for $0.5 million.

Fidelity Minerals Corp. (TSXV:FMN) agreed to acquire additional 5.5% of stake in Core Las Huaquillas Project from Alexander Ernesto Vidaurre Otayza and Lida Avelina Pimentel Jibaja for $0.5 million on July 21, 2021. Total cash consideration of $500,000 US payable in two instalments. The first instalment of $300,000 US to be paid upon signing the agreement. An additional $200,000 US to be paid three months after signing. Upon closing of the transaction, Fidelity will hold a 50% interest in Rial.