Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Northern Lights Resources Corp C.NLR

Alternate Symbol(s):  NLRCF

Northern Lights Resources Corp is an exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where the company is in joint venture with Reyna Silver Corp.


CSE:NLR - Post by User

Comment by ValueProon Jan 12, 2023 7:58pm
91 Views
Post# 35219949

RE:RE:RE:RE:RE:RE:RE:RE:groundhog day

RE:RE:RE:RE:RE:RE:RE:RE:groundhog dayO.k., I've sorted out what my confusion is. 

1) I thought you were talking about a finder's fee for the most recent financing.  You are not.

2)  In reviewing both companies' press releases concerning the transaction, it appears that BOTH are paying a finder's fee. 

a)  Reyna says, "In connection with the Acquisition Agreement, the Company has agreed to a 5% finder's fee in shares
and cash."

b) NLR says, "The Company has agreed to pay a finders fee to an arms-length party of $40,000 paid in common shares of NLR."

I do not know for a fact, but it makes sense that the finders fee goes to the same party who made the initial introduction leading the now abated partnership.  If this remains important to you, I suggest you follow up on SilverSams suggestion and call or email the company.

Congratulations on your purchase today.   I hope you make a mint.

VP in AZ





<< Previous
Bullboard Posts
Next >>