Multi-Metal Development Ltd V.MLY

Alternate Symbol(s): MLYCF

Metals & Mining Industrial Metals & Minerals

Multi-Metal Development Ltd is a Canadian mineral exploration and development company with mineral rights interests in the United States of America and Austria. The Company operates in two geographical areas, being Canada and the United States. The Company’s flagship project is the CuMo molybdenum project (the CuMo Project), located in Idaho, in the United States. The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum and the lower half is rich in molybdenum, with lower grades of silver and copper. The CuMo deposit is located at the south-western end of the Idaho-Montana Porphyry Belt within the Atlanta Lobe of the Idaho Batholith. Its Bleiberg Zinc-Germanium-Lead-Fluorite-Cadmium Mine Complex consists of 116 exploration licenses totaling 6,582.4 hectares, located approximately 130 kilometers south of the city of Salzburg, Austria.

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Multi-Metal Development Ltd

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Comment by Guard73on Mar 14, 2017 3:31pm

236 Views

Post# 25978205

RE:RE:RE:RE:RE:RE:RE:RE:News

The Binding MOU dated Feb 27th does not say they would have news on the financing last friday.
It says "(the "Definitive Agreement") to be negotiated and entered into on or before March 10, 2017".
and that the first instalment of US$1 million is "to be paid to Poly within 48 hours of the execution of the Definitive Agreement".
Add time for drafting a news release and travel time into the equation.
JMO

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