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CALICO RESOURCES CORP V.CKB

"Calico Resources Corporation is a mineral exploration company. The Company is engaged in the acquisition and exploration of its Grassy Mountain Gold Project located in Oregon, United States."


TSXV:CKB - Post by User

Comment by bigbank91on Dec 04, 2013 12:08pm
184 Views
Post# 21969260

RE:RE:Deal rests on Seabridge

RE:RE:Deal rests on Seabridgeanother thing we can look at is the offer was for USD
with the exchange rate of  .935 we should be getting 6.5% more for the tsx price.

from the press release,

for the price of US $30 Million cash and the grant of a 1% net smelter returns royalty to Calico (the "Calico Royalty").

plus the seabridge money

Rockstar has agreed to pay Seabridge US $5 Million for the Seabridge Discharge.  Calico has agreed with Seabridge that it will provide Seabridge at the closing a further $2.5 Million for the Seabridge Discharge
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