MQR: TSX-V
Highlights of the main transaction
- Monarques will acquire all of Richmont’s mining assets, properties and claims in Quebec.
- Monarques will become the owner and operator of the Beaufor mine and the Camflo mill.
- Monarques to retain Richmont’s highly experienced Quebec-based site teams.
- Richmont will hold a 19.9% interest in the Corporation, inclusive of a $2.0 million investment by Richmont.
Tags: #mining, #smallcapstocks, $TSXV, CSE, gold, Richmont Mines (RIC.T)