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Explor Resources Inc New EXSFF

Metals & Mining Industrial Metals & Minerals
Explor Resources Inc is a Canadian company which is engaged in the acquisition and exploration of mining properties in Canada. Its projects comprise of Chester Copper Deposit, Bathurst Mining Camp, Timmins Porcupine West, Montrose, Kidd Township, Carnegie and Eastford Lake among others.


OTCPK:EXSFF - Post by User

Explor Resources Inc New
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Comment by goldhunter11on Apr 10, 2016 9:50am
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Post# 24749260

RE:RE:That 1st Option Clause at 55%

RE:RE:That 1st Option Clause at 55%That's correct. Teck appears to be still in the first option, which was signed back in 2014. The first option will earn them 55%, as indicated in the 29 Dec Release, link below.

https://www.explorresources.com/wp-content/uploads/2015/04/nr_2014_12_29.pdf

The second option is for  the additional 15% for a total of 70% (EXS 30%).

Further details and fine prints are in the agreement...
Happy reading.
GH

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities