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Bullboard - Stock Discussion Forum 1844 Resources Inc V.EFF

Alternate Symbol(s):  EFRSF

1844 Resources Inc. is a Canada-based exploration company with a focus on the metals and underexplored regions Gaspe, Nunavik, Quebec. The principal business of the Company is the identification, exploration, and development of mineral properties. Its projects include Vortex, Davidson, Native Copper, Lac Arsenault, and Lac Crystal. The Vortex project is a copper molybdenum exploration... see more

TSXV:EFF - Post Discussion

1844 Resources Inc > Up date on news
View:
Post by knoxt on Sep 16, 2021 1:04pm

Up date on news

1844 Acquires Four Claims With Two Known Showings, Extends Its Position on Native Copper Project

 

16 Sep 202112:01 ET  

 

12:01 PM EDT, 09/16/2021 (MT Newswires) -- 1844 Resources Inc. (EFF.V) has entered into a purchase agreement to acquire a 100% undivided interest in four claims on its Native Copper Project and from 9248-7792 Quebec Inc. and Prospect Or Corp . Two known showings are part of the claims acquired -- Fer a Cheval - 1 and Ruisseau Cantin.

As consideration for the acquisition each vendor will receive 200,000 common shares for a total of 400,000 common shares and a 2% net smelter returns royalty, 1% of which may be retired for a one-time payment of $500,000.

Price: 0.10, Change: 0.00, Percent Change: 0.00

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