Examples of Timmins Mexico in a sentence
Timmins Mexico was incorporated pursuant to the laws of Mexico on March 23, 2005 and is the entity through which the Company conducts its Mexican operations.
Property Option Agreement among the Company, Timmins Mexico, Soltoro Ltd.
Timmins Mexico was incorporated pursuant to the laws of Mexico on March 23, 2005 and is the entity through which the Company conducts its Mexican operations, except for its operations in Guerrero, Mexico.
The Company then sold all but one of the issued and outstanding common shares of Aurea to Timmins Mexico.
Initially, the Company had the option to earn a 50% interest in the exploitation concessions by spending US$2,500,000 on exploration and development over a two-year period and, after the Company had earned its interest, the Gold Property would be operated as a joint venture with Timmins Mexico as the operator.
It will at all times own, beneficially and of record, directly or indirectly, 100% of the shares in Timmins Mexico (with the exception of one such share in Timmins Mexico which is held directly, beneficially and of record by Xxxxx Xxxxxxxxxx) and Xxxxxxx Mexico will at all times own, beneficially and of record, directly 100% of the shares in Molimentales (with the exception of one such share in Molimentales which is held directly, beneficially and of record by Xxxxxx Xxxxxxxx Zapeda).
Onesimo, Zindy and San Xxxxxxxx Properties, Zacatecas Timmins Mexico holds an option to acquire a 100% interest in a 603 hectare property in the region of Mazapil-Xxxxxxxxxx del Oro mining districts in the north of Zacatecas, Mexico.
The Gold Property consists of 13 mining concessions, which are held through the Company’s wholly-owned Mexican subsidiary, Timmins Mexico.
In relation to each of Molimentales and Timmins Mexico, there shall at all times only be one class of shares outstanding with all the rights and entitlements attaching to such shares being the same.
The only authorized representatives of each of Timmins Mexico, Molimentales and Xxxxxx Xxxxx are Xxxxxx Xxxxxxxx Xxxxxx, Xxxxxx Xxxxxxx Xxxx and Xxxxx Xxxx.