Enters into LOI with Minerales Del Puerto
* Says to pay $1.3 mln, issue up to 6.5 mln shares
* Says all 3 mines are next to flagship El Tesoro project
Canada's AuRo Resources agreed to buy two mines and a majority stake in a third mine in Colombia from Minerales Del Puerto for up to $1.3 million and not exceeding 6.5 million shares.
The junior explorer said it would acquire the La Alejandria and El Mulatos mines and a 90 percent interest in the Argentina mine, all of which are located next to its El Tesoro project in Colombia.
Shares of the Vancouver, British Columbia-based AuRo were up nearly 3 percent at 19.5 Canadian cents on Monday on the Toronto Stock Exchange.
* Says to pay $1.3 mln, issue up to 6.5 mln shares
* Says all 3 mines are next to flagship El Tesoro project
Canada's AuRo Resources agreed to buy two mines and a majority stake in a third mine in Colombia from Minerales Del Puerto for up to $1.3 million and not exceeding 6.5 million shares.
The junior explorer said it would acquire the La Alejandria and El Mulatos mines and a 90 percent interest in the Argentina mine, all of which are located next to its El Tesoro project in Colombia.
Shares of the Vancouver, British Columbia-based AuRo were up nearly 3 percent at 19.5 Canadian cents on Monday on the Toronto Stock Exchange.
Posts
No comments:
Post a Comment
Thanks for your visit, hope you enjoy the content, we expect to see you again soon.