Agoracom Blog

Invested in Richmont Mines $RIC ? Did you know Monarques $MQR.ca acquired all Richmont’s Quebec assets #Gold #Mining

Posted by AGORACOM-JC at 1:28 PM on Monday, September 25th, 2017

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Definitive Agreement to Acquire All Mining Assets of Richmont Mines in Quebec (SEPT 11)

  • All Richmont mining assets, properties and claims in Quebec
  • Will own and operate the Beaufor mine and Camflo mill
  • Retain Richmont’s highly experienced Quebec-based teams
  • Richmont will hold a 19.9% interest in Monarques
  • Richmont invested $2.0 million of $6.5 Million Raised
  • Probe Metals invested $600,000
  • Fonds de solidarité FTQ Quebec invested $1,000,000
  • US $4 million credit facility with Auramet International LLC
  • Repaid In Ounces Of Gold Commencing Oct 31, 2017 to Sep 30, 2018

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