Brief: Aura Silver enters into binding letter agreement to increase interest in Taviche Gold/Silver Project to 100%
17/02/2016 16:43
Feb 17 (Reuters) - Aura Silver Resources Inc AUU.V : * Enters into binding letter agreement to increase interest in Taviche Gold/Silver Project to 100%, eliminates royalty with acquisition * Entered agreement with intrepid mines ltd for acquisition of Intrepid's 26.5% joint venture interest in Taviche Project * Consideration payable for acquisition of Intrepid's project interest is comprised of 1 million common shares of Aura Silver * Says acquisition will have no impact on the company's cost of operations for the Taviche project * Source text for Eikon ID:nMKWRVplza * Further company coverage AUU.V ((Bengaluru Newsroom; +1 646 223 8780))