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JNC Resources Inc.: JNC Resources Closes Definitive Agreement with Southern Precious Metals Ltd. in Escrow


JNC Resources Inc.: JNC Resources Closes Definitive Agreement with Southern Precious Metals Ltd. in Escrow
nd, 2021 news release, JNC Resources Inc. (
JNC or the
and Southern Precious Metals Limited (
SPML ) are pleased to announce the closing in escrow of the Definitive Agreement in which JNC has effectively acquired a 100% interest in SPML, and its subsidiary which hold 100% interests in the Malebo and Solomons Properties in New South Wales (NSW) Australia. The Company issued six million (6,000,000) common shares (the
Purchase Shares ) to the shareholders (
Shareholders ) of SPML in exchange for all of the issued and outstanding shares of SPML. The SPML Shareholders have entered into undertakings wherein the Purchase Shares, which are otherwise free-trading, will be released as to 25% on closing (the ....

New South Wales , United States , Great Basin , United Kingdom , Esmeralda County , British Columbia , Solomons Properties , Resources Inc , Southern Precious Metals Limited , Definitive Agreement , Purchase Shares , Ministerial Approval , North American Based , South Central British , Great Basin Resources , Imperial Project , Imperial Property , புதியது தெற்கு வேல்ஸ் , ஒன்றுபட்டது மாநிலங்களில் , நன்று பேசின் , ஒன்றுபட்டது கிஂக்டம் , எஸ்மேறல்தத கவுண்டி , பிரிட்டிஷ் கொலம்பியா , வளங்கள் இன்க் , தெற்கு ப்ரெஶியஸ் உலோகங்கள் வரையறுக்கப்பட்டவை , கொள்முதல் பங்குகள் ,