TSXV:NIM - Post Discussion
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Betteryear2 on Sep 06, 2023 8:36pm
Nicola Mining Inc. Signs Letter of Intent
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has signed a non-binding letter of intent ("LOI") with Nittetsu Mining Co. Ltd. ("Nittetsu")1, a public arm's length company based in Japan, whereby Nicola would agree to establish a joint venture entity with Nittetsu in respect of the Company's wholly-owned New Craigmont Copper Project (the "Project") in exchange for the payment by Nittetsu of certain exploration costs and other consideration, which could total up to $25.0 MM upon completion (the "Transaction"). Nicola Mining Inc. Signs Letter of Intent with Nittetsu Mining Co. Ltd. for Exploration at New Craigmont Copper Project (newsfilecorp.com)
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