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Valterra Resource Corporation: Pilar Gold Inc. to Acquire Valterra's Brazilian Assets for $2.4 Million


Valterra Resource Corporation: Pilar Gold Inc. to Acquire Valterra s Brazilian Assets for $2.4 Million
Vancouver, British Columbia (Newsfile Corp. - May 12, 2021) -
Valterra Resource Corporation (TSXV: VQA) (OTCQB: VRSCF) ( Valterra or the Company ) reports that the Board of Directors has approved the sale of Poconé Mining Mineração Ltda ( PMM ), which holds a 100% interest in the Lima gold property and a binding agreement to purchase a 100% interest in the Livramento gold property, both located in the Poconé Mining District, Brazil, to Pilar Gold Inc. ( Pilar Gold ). The closing of the transaction is subject to TSX Venture Exchange approval.
The terms of the sale of PMM to Pilar Gold are as follows: ....

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Equinox Gold Sells Pilar Gold Mine


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Equinox Gold Sells Pilar Gold Mine
April 19, 2021 GMT
All dollar amounts are expressed in US$
VANCOUVER, BC, April 19, 2021 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that the Company has sold its Pilar Gold Mine in Brazil to Pilar Gold Inc. for aggregate consideration of:
$38 million in cash, payable as follows:
$10.5 million on closing, which has been received;
$10 million payable on or before May 31, 2021; and
$17.5 million payable on or before July 31, 2021.
A 9.9% equity interest in Pilar Gold Inc.; and a ....

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