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Re: None

Friday, 04/06/2018 7:06:33 AM

Friday, April 06, 2018 7:06:33 AM

Post# of 1715
»...Orefinders Resources has agreed to purchase a 100% stake in the McGarry Mine and Barber-Larder Properties in Canada from Kerr Mines.
Orefinders has agreed to issue eight million common shares priced at C$0.12 ($0.09) a share to Kerr to raise proceeds of C$0.96m ($0.74m), as part of the agreement.

Orefinders Resources is engaged in gold exploration, while Kerr Mines (formerly Armistice Resources) is focused on the exploration and development of gold mines.

Both the companies involved in the transaction are based in Canada.... »


https://www.mining-technology.com/news/deals-week-kazakhstan-potash-corporation-pangolin-diamonds-silver-mines/

http://www.orefinders.ca/photo-gallery-3/

Well, a positive KERR Pre-Feasibility Study regarding the Copperstone mine will allay all of my varied concerns regarding this acquisition...

http://www.orefinders.ca/wp-content/uploads/2018/04/McGarry-Preliminary-Economic-Assessment-and-Mineral-Resource-Estimate-Amended-2011.pdf

https://www.ft.com/content/11416168-3948-11e8-8b98-2f31af407cc8

https://www.nytimes.com/2018/04/05/business/trump-trade-war-china.html