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 3, 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 | ||
0.145 CAD | -3.33% | -6.45% | +7.41% |
27/04 | Prospector Metals Corp. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
23/04 | Prospector Metals Corp. announced that it expects to receive CAD 0.75 million in funding | CI |
Stocks mentioned in the article
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Capi.
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0.145 CAD | -3.33% | -6.45% | 51.67L | ||
0.02 CAD | 0.00% | 0.00% | 34.64L | ||
1st Jan change | Capi. | |
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+7.41% | 51.67L | |
-14.40% | 14TCr | |
-4.91% | 12TCr | |
+4.32% | 7.25TCr | |
+1.96% | 4.97TCr | |
+8.99% | 4.81TCr | |
+32.93% | 4.12TCr | |
+76.12% | 2.93TCr | |
+27.92% | 2.67TCr | |
+67.30% | 1.84TCr |
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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.