Minarum to acquire Aura’s East Taviche Jan 29.2019Link to news release:
https://www.mining.com/minarum-acquire-auras-east-taviche-property-mexico/3239/
My question is this: When did Minaurum MGG acquire the remaining 20% interest in Aura's East Taviche after acquiring the initial 80% interest??? Was there an amendment to this agreement later, or a sale of the remaining 20% to MGG for consideration in cash or shares? It would certainly help if AUU management could clarify this for shareholders. Thank you.
Excerpt:
To acquire an initial 80% interest in the project, Minaurum has to issue 100,000 common shares, reimburse all Taviche project concession fees paid by Aura during 2018 and pay the remaining concession fees to bring the property into good standing by January 31, 2019, to a maximum of $80,000, and issue an additional 100,000 common shares in the capital of Minaurum upon receiving all relevant approvals and consents required prior to exploration and drilling.
DOC