Landore has granted an option to Lithoquest Resources Inc (LDI.TSXV, 8C¢, C$5m) over the Miminiska Lake and Keezhik Lake properties in the Thunder Bay Mining district, Northern Ontario. The option allows Lithoquest to acquire a 100% interest in two properties by making staged payments over 24 months to Landore totalling C$1,375,000 in cash and an additional C$2,625,000 either in cash or by issuing Landore with Lithoquest shares at its discretion. Additionally, following exercise of the option La ....
10 May 2021
Cenkos: Landore Resources Ltd -- Realising Value
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Cenkos: Landore Resources Ltd -- Realising Value
Landore Resources Limited (LND:LON) | 2.6 0 (-1.9%) | Mkt Cap: 3.90m
- Published:
10 May 2021 -
Author:
Will Dymott -
Pages:
5
Landore has granted an option to Lithoquest Resources Inc (LDI.TSXV, 8C¢, C$5m) over the Miminiska Lake and Keezhik Lake properties in the Thunder Bay Mining district, Northern Ontario. The option allows Lithoquest to acquire a 100% interest in two properties by making staged payments over 24 months to Landore totalling C$1,375,000 in cash and an additional C$2,625,000 either in cash or by issuing Landore with Lithoquest shares at its discretion. Additionally, following exercise of the option La ....