Nord to acquire Gowganda Silver Camp mining licences from Battery Mineral Resources

From miningweekly.com

TSX-V-listed Nord Precious Metals has entered into a definitive asset purchase agreement with fellow TSX-V-listed Battery Mineral Resources to acquire four mining leases in the Gowganda Silver Camp of Ontario, adjacent and contiguous to Nord’s existing mining leases. Under the terms of the agreement, Nord has agreed to buy Battery Mineral’s four mining leases comprising the Gowganda silver tailings project on an “as-is where-is” basis for the consideration of $1-million cash on the closing date; $1.25-million in Nord shares on the closing date at a deemed price equal to $0.284 a share; a 3% net smelter return ... (full story)