Brief: Azimut Announces Agreements On The Eleonore South And Wabamisk Joint Ventures

Azimut Exploration

08/08/2022 11:36

Aug 8 (Reuters) - Azimut Exploration Inc  AZM.V :
    * AZIMUT ANNOUNCES AGREEMENTS ON THE ELEONORE SOUTH AND
WABAMISK
JOINT VENTURES
    * AZIMUT EXPLORATION -  SALE OF 23.77% PARTICIPATING
INTEREST IN
ELEONORE SOUTH JV TO AFFILIATES OF NEWMONT CORPORATION, FURY
GOLD MINES LIMITED
    * AZIMUT EXPLORATION INC - TRANSFER BY AN AFFILIATE OF
NEWMONT TO
AZIMUT OF A 51% PARTICIPATING INTEREST IN WABAMISK JOINT VENTURE
    * AZIMUT EXPLORATION INC - ACTIVELY DELINEATING PATWON GOLD
ZONE
ON ELMER PROPERTY
    * AZIMUT EXPLORATION INC - IN CONNECTION WITH ELSJV
TRANSACTION,
AZIMUT WILL RECEIVE FROM NEWMONT AN AGGREGATE OF 2.9 MILLION
COMMON SHARES OF AZIMUT
    * AZIMUT EXPLORATION INC - UPON CLOSING OF WABAMISK
TRANSACTION,
AZIMUT WILL OWN A 100% INTEREST IN 333 MINING CLAIMS COMPRISING
WABAMISK PROPERTY

Source text for Eikon:  ID:nCNWwwT3xa 
Further company coverage:  AZM.V