Mensa Mining Corp (EQBM)

[derf1]

A LOI is an agreement to pursue the closing of a deal. It is usually followed by some due diligence to verify that everything is as it seems to be. There may also be some performance deadlines involved such as funding etc. How long it will last before becoming final? Probably no very long since the Companies involved are small without too much history to perform DD on. If the raise of Capital is a factor that could cause some time delays. We may never see the LOI so we will always be just guessing.