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Bullboard - Stock Discussion Forum Slam Exploration Ltd V.SXL

Alternate Symbol(s):  SLMXF

SLAM Exploration Ltd. is a Canadian junior resource company holding a portfolio of gold and base metal projects. The Company is engaged in the acquisition, exploration and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. The Company's projects include Mine Road Project, Menneval Gold Project, Ear Falls Lithium Project, Jake Lee Gold... see more

TSXV:SXL - Post Discussion

Slam Exploration Ltd > JV partner SIZE rights plan, value^
View:
Post by Magnum2 on Jun 08, 2021 2:26pm

JV partner SIZE rights plan, value^

SLAM retains a 2% NSR royalty on a 13,000 hectare portfolio of Bathurst Mining Camp properties sold February 22, 2019 to Major Precious Metals Corp. (SIZE on CSE) . In return for 100% interest, SLAM is to receive $700,000 cash and 5,000,000 EZNC shares over 4 years. SLAM has received the second year anniversary payment of 1M shares. The 2021 exploration program for the BMC Project is in the planning stage.
 
SLAM holds 200,000 shares of International Cobalt (“Cobalt” on CSE: CO) paid to SLAM before the Ramsay Cobalt property agreement and underlying prospector agreements were allowed to expire. SLAM owns the adjacent Ramsay claims that were acquired by e-staking.

 

Major Precious holders OK holder rights plan

 

2021-06-08 14:08 ET - News Release

 

Mr. Anthony Williams reports

MAJOR PRECIOUS METALS REPORTS ON SPECIAL MEETING RESULTS

Major Precious Metals Corp. held its special meeting on June 7, 2021. The company reports that shareholders approved the company's shareholder rights plan (see the company's news release dated April 27, 2021).

About Major Precious Metals Corp.

Major Precious Metals is a Canadian junior mining company listed on the Canadian Securities Exchange and its common shares trade under the ticker symbol SIZE. The company's flagship project is the Skaergaard project in Greenland containing one of the largest palladium and gold deposits outside the major platinum group metal (PGM) producing areas of Russia and South Africa. The company is focused on accelerating the progress of the Skaergaard project along the mine development cycle and has recently initiated a further major work program of drilling and economic evaluation.

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