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On September 28, 2018, the Company entered into

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NYBob Member Level  Friday, 12/07/18 07:39:28 PM
Re: NYBob post# 957
Post # of 969 
On September 28, 2018, the Company entered into a definitive agreement
to complete a business combination with Pershing Gold.
The combination will add a shovel-ready, gold-silver development
project in Nevada that adds significant precious metal growth
to the Company’s production profile.
Once completed, Relief Canyon is expected to
produce 75,000 to 90,000 ounces of gold annually
at low cash costs over an initial seven-year life and
generate annual post-tax cash flow from
$25 to $30 million.

1 This transformative combination is expected to increase
the Company’s precious metal production
by over 5 times with precious metals representing greater
than 60% of silver equivalent production.

https://web.tmxmoney.com/article.php?newsid=6270151390823756&qm_symbol=USA

God Bless




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