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BRS Resources Ltd C.BRS

BRS Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the identification, evaluation, and acquisition of mineral exploration properties located in Canada and the United States and once acquired, the exploration of those properties. Its principal property is the Cowtrail Property, which is in the exploration stage. The Cowtrail Property consists of 32 minerals claims covering 4,400 hectares located in south central British Columbia, Canada. The mineralization on the Cowtrail Property is associated with altered diorite-monzonite-syenite intrusions, with gold mineralization occurring within the intrusive bodies and porphyry copper mineralization in the adjacent altered host rocks.


CSE:BRS - Post by User

Comment by stockguy2015on May 07, 2017 6:51am
56 Views
Post# 26213511

RE:RE:RE:RE:RE:RE:News next week

RE:RE:RE:RE:RE:RE:News next week Butsko why do ask these dumb questions here's your answer 

A rental fee of  ( 7% and 3% to the hydrocarbon fund). A rental fee is due to the State both for exploration and for production.

Along with the rental fee, a royalty is also due to the State on a yearly basis in the production phase.  The relevant amount varies depending on whether the production is onshore or offshore.  The relevant calculation is performed on the basis of the average selling price of production, within the relevant period, as the net of the specific deduction as reported in the table below.

In Italy, hydrocarbon reserves are a State-owned asset (article 826 of the Italian Civil Code).  However, as stated above, the State does not directly carry out exploration and exploitation activities, which are granted through concessions to private undertakings.  The holder of a concession is subject to compliance with the work program, the payment of a license fee proportional to the surface covered by the mining titles and to the payment of royalties, proportional to the amount of hydrocarbons produced.  The royalties owed are calculated based on average prices of the oil & gas market. )is due to the State both for exploration and for production.

Along with the rental fee, a royalty is also due to the State on a yearly basis in the production phase.  The relevant amount varies depending on whether the production is onshore or offshore.  The relevant calculation is performed on the basis of the average selling price of production, within the relevant period, as the net of the specific deduction as reported in the table below.

In Italy, hydrocarbon reserves are a State-owned asset (article 826 of the Italian Civil Code).  However, as stated above, the State does not directly carry out exploration and exploitation activities, which are granted through concessions to private undertakings.  The holder of a concession is subject to compliance with the work program, the payment of a license fee proportional to the surface covered by the mining titles and to the payment of royalties, proportional to the amount of hydrocarbons produced.  The royalties owed are calculated based on average prices of the oil & gas market. 


So aleanna owns 90% of the gas do some dd before posting your non sense 

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