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The US$18 million advance payment under the Streaming Agreement is being provided in three equal instalments The first two US$6 million instalments have already been advanced and are being prudently allocated by Arizona Gold to advance detailed engineering, secure long-term lead equipment, perform pre-operational mining activities and to prepare the plant area for the installation of the new WOL processing equipment.
The final $6 million payment remains subject to certain closing conditions, which now include the completion or cancellation of the proposed Transaction later in 2021. Copperstone’s capital spending profile remains back-end weighted and the final instalment’s timing amendment is not expected to impact Copperstone’s restart timing...." Hmmm... ? I'm hoping the final $6 million US payment is provided once the probable amalgamation & ...?
"...CONTACT INFORMATION For more information please visit our website at starroyalties.com or contact:
https://starroyalties.com/20210629-srnews/ https://www.miningnewsnorth.com/story/2021/07/02/news/yukon-and-arizona-gold-juniors-plan-merger/6872.html
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