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Meridian Mining UK Societas T.MNO

Alternate Symbol(s):  MRRDF

Meridian Mining UK S is focused on the acquisition, exploration, and development activities in Brazil. The Company is currently focused on resource development of the advanced Cabaçal VMS gold-copper project, the regional scale exploration of the Cabaçal VMS belt, the exploration in the Jaurú & Araputanga Greenstone belts all located in the state of Mato Grosso and exploring the Espigão polymetallic project in the State of Rondônia Brazil.


TSX:MNO - Post by User

Comment by TFSAfundson Nov 16, 2023 12:49pm
75 Views
Post# 35739483

RE:RE:So, mine building it is...

RE:RE:So, mine building it is...Trades... re: Spinout Shares Update. From the NR.

There can be no assurance that this review process will lead to the approval or completion of any transaction. The Company does not intend to provide any updates with respect to this process unless and until its Board of Directors approves a specific transaction or otherwise concludes its review of strategic alternatives.

I wouldn't hold my breath that the offloading of these assets will significantly affect the S/P. We'll probably end up just JV'ing the way we did with Orosur Mining and hope for a residual from smelter royalties. And I certainly hope that the increases to the RE and EA aren't just because of the revision to the base values! lol



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