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Binding term sheet executed with Resilience Mining Mongolia Pty Ltd ( RMM ) for Kincora s Mongolian asset portfolio retaining significant upside to exploration, project generation and development successes
Benefits to Kincora:
to own 9.9% of RMM upon successful listing and raising on the ASX
first right of refusal to gain a 20% interest in any new project generated by RMM in Mongolia
VANCOUVER, BC, Dec. 14, 2020 /CNW/ - Kincora Copper Ltd. (the Company , Kincora ) (TSXV:KCC) is pleased to announce a binding Option and Acquisition Agreement ( Agreement ) with Resilience Mining Mongolia Pty Ltd ( RMM ). RMM is a private Australian company that is an active explorer and project generator in Mongolia, lead by an executive team and board with extensive in-country Mongolia experience.
Kincora to retain carried upside to Mongolia portfolio
Binding term sheet executed with Resilience Mining Mongolia Pty Ltd ( RMM ) for Kincora s Mongolian asset portfolio retaining significant upside to exploration, project generation and development successes
Benefits to Kincora:
to own 9.9% of RMM upon successful listing and raising on the ASX
first right of refusal to gain a 20% interest in any new project generated by RMM in Mongolia
Vancouver, BC - December 14th, 2020 -
Kincora Copper Ltd. (the Company , Kincora ) (TSXV:KCC) is pleased to announce a binding Option and Acquisition Agreement ( Agreement ) with
Resilience Mining Mongolia Pty Ltd ( RMM ). RMM is a private Australian company that is an active explorer and project generator in Mongolia, lead by an executive team and board with extensive in-country Mongolia experience.