Calissio Resources Group Inc (CRGP)

[supermandwc]

Looks like that Feb date is from the PR where they sold the mine. And the second part of the payment for the mine is due in Feb, so it doesn't seem like that is for the merger or at least its not explicitly stated so in the PR from what I see.

LAS VEGAS, July 24, 2015 /PRNewswire/ -- Calissio Resources Group, Inc. (OTC: CRGP) announced today that the Company entered in to an agreement with Milagros Del Cobre Mineria S.A. de C.V. ("MMC") whereby Calissio Resources Group, Inc. sold 100% of its interest in San Pedro Mine ("San Pedro"). The total purchase price of USD$14,600,000 will be paid by the assumption of debt and in shares of stock of Milagros Del Cobre Mineria S.A. de C.V. and USD$7,360,000 in cash to be paid no later than February 22, 2016. Calissio will continue to hold a 49% security interest in San Pedro until such time as the purchase price is paid in full by MMC. The agreement includes a full release of the Company and its affiliates from all potential claims and liabilities related to San Pedro, and allows Calissio to retain possession of all owned machinery located at San Pedro.