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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (369)8/19/2013 1:02:59 AM
From: Goose94Read Replies (2) of 202784
 
NOT-V $14 million cash (as of April 30, 2013)

Noront Resources closes sales of Windfall Lake interest

Aug 15, 2013 - News Release

On closing, and in accordance with the letter agreement, the company received cash consideration of $4,385,000 ($5-million less the $615,000 non-refundable deposit previously received by the company) and share consideration of 25 million freely tradable (subject only to such hold periods as are required under applicable Canadian securities laws) common shares of Eagle Hill. The company has paid 5 per cent of the cash and share consideration to IBK Capital Inc. in accordance with its advisory mandate.
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