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Freitag, 9. Oktober 2015

Copper, Junior Mining: Excelsior to Purchase Johnson Camp Mine and Raise US$12 Million

Smarter Deal von Excelsior Mining (TSX-V:MIN), der sich richtig auszahlen kann.

Excelsior to Purchase Johnson Camp Mine and Raise US$12 Million

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 8, 2015) –

Excelsior Mining Corp. is pleased to announce that it, through a wholly-owned Arizona subsidiary, has entered into a definitive Asset Purchase Agreement (the “Purchase Agreement”) to acquire all of the assets of Nord Resources Corporation (“Nord”), as they relate to the Johnson Camp Copper Mine (the “Johnson Camp Transaction”). The Johnson CampCopper Mine (“Johnson Camp”) is located immediately adjacent to Excelsior’s Gunnison Copper Project in southeastern Arizona (the “Gunnison Project”). The Company also announces that it has entered into a binding term sheet for a concurrent financing of US$12 million..


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