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
Tags: #mining, #smallcapstocks, CSE, gold, Richmont Mines (RIC.T)