Examples of Lordsburg in a sentence
On February 28, 2017, the Company announced that the Board had approved a spin-out of Entrée’s Ann Mason Project in Nevada and Lordsburg property in New Mexico into a newly incorporated wholly-owned subsidiary, Mason Resources Corp.
The Company transferred to Mason Resources all of the issued and outstanding shares of Entrée U.S. Holdings Inc., which indirectly held the Ann Mason Project and the Lordsburg property, along with $8.84 million in cash.
Unconditional Guaranty of Lease dated 4/1/07 Sunshine Haven Nursing Operations LLC, dba Sunshine Haven at Lordsburg 9/30/2021 N/A 88 0000 Xxxxxxx Xx, Hobbs, NM Xxxxx Associates, L.L.C. 1.
The Lordsburg claims cover 3,885 ha (9,600 acres) adjacent to the historic Lordsburg copper-gold-silver district, New Mexico, USA.
Plan of arrangement and discontinued operations On May 9, 2017, the Company completed a plan of arrangement (the "Arrangement") under Section 288 of the BCBCA pursuant to which Entrée transferred its wholly owned subsidiaries that directly or indirectly hold the Ann Mason Project in Nevada and the Lordsburg property in New Mexico including $8,843,232 in cash and cash equivalents to Mason Resources Corp.
In 2010, Santa Fe began commissioning the Lordsburg milling operations.
Malone Property DescriptionOn April 17, 2006 the Company entered into a quitclaim deed and royalty agreement with Newmont North America Exploration Limited whereby the Company was granted all rights, title, estate and interest in unpatented mineral claims located in Lordsburg, New Mexico, United States of America in exchange for payment of US$ 10,000 (paid) and an additional US$ 10,000 payable in one year.
Cloud represents to Lordsburg Mining that it has not received notice of any default of any of the terms or provisions of the Underlying Obligations and that all property taxes on the Property for 2007and prior years have been duly paid.
Drilling at Lordsburg commenced in mid-October 2008 and four widely-spaced drill holes totaling 2,563 m were completed in mid-December, 2008.
St. Cloud Indemnitees shall not have recourse against Lordsburg Mining until the cumulative amount of St. Cloud Indemnitees’ indemnity claims shall exceed in the aggregate the amount of $25,000, at which time St. Cloud Indemnitees shall have recourse for their indemnity claims in excess of $25,000; provided, however, than in no event will Lordsburg Mining be obligated to pay amounts to St. Cloud Indemnitees for indemnification obligations exceeding $300,000 cumulatively.