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ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."


TSX:EGZ - Post by User

Comment by riverrockon Aug 05, 2015 5:27pm
138 Views
Post# 23992238

RE:From 4 Days Old Press Realise

RE:From 4 Days Old Press RealiseAccording to the news release Energizer has paid according to the agreement excerpt: The Company also notes that it issued 1,000,000 common shares and paid C$700,000 to Malagasy Minerals Ltd. ("Malagasy") pursuant to the Mineral Rights Agreement between the parties. Energizer was required to make this payment upon the conclusion of the Company's feasibility study as part of its agreement with Malagasy to acquire a 100% interest in the Molo Graphite Project, excluding a 1.5% net smelter royalty held in Malagasy's favour. />
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