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Bullboard - Stock Discussion Forum Cerro De Pasco Resources Inc C.CDPR

Alternate Symbol(s):  GPPRF

Metals & Mining Industrial Metals & Minerals
Cerro de Pasco Resources Inc. is a Canada-based mining and resource management company. The Company is engaged in mining, developing and exploring its wholly owned 6,000-hectare (ha) Santander Mine in the highly prospective Antamina-Yauricocha Skarn Corridor, located approximately 215 kilometers (km) from Lima. It is also focused on the development of its principal 100% owned asset, the El... see more

CSE:CDPR - Post Discussion

Cerro De Pasco Resources Inc > CDPR SIGNS TERM SHEET FOR AN ADDITIONAL US$ 12M
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Post by Betteryear2 on Jul 25, 2023 8:24pm

CDPR SIGNS TERM SHEET FOR AN ADDITIONAL US$ 12M

MONTREAL, July 25, 2023 /CNW/ - Cerro de Pasco Resources Inc. (CSE:CDPR) (OTCPK: GPPRF) (FRA: N8HP) ("CDPR" or the "Company") is pleased to announce that on July 18, 2023, it signed a  Term Sheet with China Railway N° 10 Engineering Group CO. LTD., Sucursal del Per ("CREC10"), an engineering and construction company, providing US$ 12.0M of services to be used for the construction of infrastructure and development of the Santander Pipe Project (the "Funded Construction Services"). In addition, CREC10 will provide contract mining services at the Santander Mine. CREC10 is part of China Railway Group, a major corporate conglomerate and a Fortune Global 500 company.

CDPR SIGNS TERM SHEET FOR AN ADDITIONAL US$ 12M TO DEVELOP ITS SANTANDER MINE (newswire.ca)
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Cerro De Pasco Resources Inc