Bullboard - Stock Discussion Forum Tarku Resources Ltd V.TKU

Alternate Symbol(s): TRKUF

Tarku Resources Ltd is a Canada-based mining exploration company focused on advancing the development of new discoveries in mining jurisdictions, such as Quebec and Arizona. In Arizona, the Company owns 100% of the 29 square kilometers (km2) Silver Strike project. Silver Strike project is situated within the Tombstone District. In Quebec, the Company owns 100% of the Three A's exploration... see more

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TSXV:TKU - Post Discussion

Tarku Resources Ltd > Tarku to acquire 100% of Silver Strike Project, Arizona

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Post by yukon_gold on Feb 28, 2022 8:16pm

Tarku to acquire 100% of Silver Strike Project, Arizona

Tarku Resources Ltd (TSX-V: TKU – FRA: 7TK – OTCQB: TRKUF) (the “Company” or “Tarku”) is pleased to announce that it has entered into a new agreement which provides the Company with immediate 100% ownership of the Silver Strike Project, in the Tombstone area, Arizona from EXLA Resources (OTC PINK: EXLA) (“EXLA”).

On February 1st, 2022, EXLA announced that it had entered into a binding agreement to purchase through a combination of cash and stock all the rights, interests and future benefits currently held by Mansfield Martin and associated parties in the Silver Strike Project.

Tarku and EXLA have agreed to terminate the original acquisition agreement and replace it with a new agreement granting Tarku immediate 100% ownership of the Silver Strike Project, as per the terms stated...