Karora Resources Inc T.KRR

Alternate Symbol(s): KRRGF

Metals & Mining Gold

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.

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Karora Resources Inc > About Maverix Royalty deal?

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Post by Heartbrkeron Jul 18, 2020 2:31pm

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Post# 31285270

About Maverix Royalty deal?

Correct me if I m wrong
the deal isn’t fully settled. Still a week or so for it to be confirmed?
Originally, Maverix should get 5 mil cash +35 mil share(.50/share=17-18 mil cad). Now they only getting US 18 mil(23-24 mil cad)?
Now my question, compare to first deal, 5 mil + 35 mil share at .70 cents now(~24.5 mil cad). Will Maverix take the loss of 5 mil ?
what if Maverix rejects the agreement ?

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