TSXV:TRAN - Post Discussion
Post by
ARIMA11 on Mar 04, 2021 5:22pm
Interesting
https://ceo.ca/@accesswire/rogue-update-selling-langmuir-project
Consideration to Rogue
Pursuant to the terms of the Agreement, and in consideration for the transfer of the Langmuir Project, Rogue will hold at least 20% of the shares of EVNi after the Concurrent Financing and receive $150,000 in cash at closing. In addition to the consideration paid at closing, an additional future payment will be received by the Company based on the size of an updated new mineral resource estimate, expected to be completed by EVNi in early 2022. This payment will be up to a maximum of $5,000,000 paid in cash, EVNi shares, or a combination thereof with the split to be determined by EVNi.
Looks like we're going to be an Aggregator after all! :)
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