Brief: Vanstar Signs An Amending Agreement On The Nelligan Project Option With IAMGOLD And Could Receive Up To $4,750,000 In Cash
27/02/2018 13:00
Feb 27 (Reuters) - Vanstar Mining Resources Inc VSR.V :
* VANSTAR SIGNS AN AMENDING AGREEMENT ON THE NELLIGAN
PROJECT
OPTION WITH IAMGOLD AND COULD RECEIVE UP TO $4,750,000 IN CASH
* VANSTAR - GRANTED IAMGOLD EXCLUSIVE FIRST OPTION TO
ACQUIRE
UNDIVIDED 51 PERCENT INTEREST IN NELLIGAN PROJECT BY PAYING CO
ADDITIONAL $2.2 MILLION
* VANSTAR - IAMGOLD TO BE ABLE TO ACQUIRE 24% IN NELLIGAN
FOR
$2.8 MILLION, DELIVERY OF A NI 43-101 COMPLIANT TECHNICAL REPORT
BEFORE MARCH 2022
Source text for Eikon: ID:nCCNfxpw8a
Further company coverage: VSR.V
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