Acquisition Terms. The Shares shall be One Hundred Shares (100) shares of the issued and outstanding common stock of Subsidiary which shall be signed over in blank to Inland together with any legalities required for legal transfer.
Acquisition Terms. The terms and related agreements relating to the acquisition and purchase of the Land, all as set forth on Exhibit "A" hereto.
Acquisition Terms. 1 1.02 Act................................................................1 1.03.
Acquisition Terms. Pursuant to an agreement with (a) Santa Fe Pacific Railway Company, which owns the mineral rights; and (b) a subsidiary of Newmont Corporation, which holds a lease over the mineral rights, New World has agreed to purchase a 100% interest in the mineral rights that cover a total of approximately 1,000 acres (Private Blocks A and B; see above and Figure 1). Consideration payable is:
Acquisition Terms. 1. At closing, GRE will issue to all of the shareholders on a pro rata basis, a total number of seven million five hundred thousand common shares (the Share ) of GRE (7,500,000), the First Share Consideration, agreed to represent a value of One Million Five Hundred Thousand Canadian Dollars ($ Cdn 1,500,000). The Shares will be issued to Shareholders on a one for one basis, and Pilbara shall adjust the issued and outstanding shares it has out to accommodate this transaction.
Acquisition Terms. The interest in the Pinjin Gold Project to be acquired from Newmont comprises of: 80% interest in the Kirgella Joint Venture (71km2) 90% interest in the Xxxx Xxxxxxx Joint Venture (34km2) 100% interest in some surrounding tenements (172km2) Renaissance Minerals will make an upfront cash payment of $200,000 and issue approximately 1,500,000 fully paid ordinary shares to Newmont. The shares will be subject to a 12 month escrow period. In addition, Renaissance Minerals will be required to make a cash payment of $1 million to Newmont upon establishment of a JORC resource of at least 0.5 million ounces of gold and a further cash payment of $1 million upon establishment of a JORC resource of at least 1.0 million ounces of gold. The Board of Renaissance is extremely pleased to have reached agreement to acquire this highly prospective ground and looks forward to shortly announcing the commencement of drilling to follow up Newmont’s initial success. The Board also welcomes Newmont as a shareholder of Renaissance. The project has substantial discovery potential and compliments Renaissance’s existing extensive Eastern Goldfields tenement package. Detailed information on all of Renaissance Minerals projects can be found on the Company’s website at xxx.xxxxxxxxxxxxxxxxxxx.xxx.xx. Yours faithfully
Acquisition Terms. Under the SPA Midas has agreed to:
Acquisition Terms i. $6,000,000 paid in voting Common Stock of Nutriband at a value of the average price of the previous 90 days at the date of Closing.
Acquisition Terms. The Binding Term Sheet with STB Minerals LLC outlines the terms of an 8-year option to purchase the 51% mineral interest. Key terms of the term sheet are outlined below.
Acquisition Terms. Based on the information currently known to the ----------------- Parties, it is proposed that the structure for the acquisition of the Shares, the Transaction consideration and related terms and conditions will be in accordance with the Memorandum of Terms attached as Exhibit "B" hereto and incorporated herein by this reference.
