Mexus Gold US (MXSG)

[eddyimano]

The total purchase price is US$2,000,000 of which Mexus is 50% responsible. The required payment schedule is a follows: US$150,000 by January 30, 2017, US$500,000 by August 13, 2017, US$500,000 by March 13, 2018, US$500,000 by October 13, 2018, and US$300,000 by May 13, 2019.

So MarMar is going to pay the first payment for sure. After that it must come from the gold we produce.

If MXSG is not sure where the money come from, MarMar won't agree to buy this property.

$2M for this size of property is great deal, awesome!