14:29:47 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Nevada Zinc Corp
Symbol NZN
Shares Issued 72,941,128
Close 2017-11-02 C$ 0.20
Market Cap C$ 14,588,226
Recent Sedar Documents

Nevada Zinc, Rockcliff Copper property agreement

2017-11-02 19:37 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation relating to an option agreement dated Oct. 18, 2017, between Nevada Zinc Corp. and Rockcliff Copper Corp., a TSX Venture Exchange-listed company and an arm's-length party. Pursuant to the agreement, the company shall have the option to earn a 70-per-cent interest in the MacBride zinc property, which contains a high-grade MacBride zinc deposit located north of Leaf Rapids, Man.

In consideration, the company shall pay an aggregate of $200,000 over a three-year period, issue 200,000 common shares and incur aggregate exploration expenditures of $2.5-million over a five-year period.

Further, the company shall have the option to acquire an additional 10-per-cent interest in the property (for a total 80-per-cent interest) upon earning the 70-per-cent interest and paying the optioner $2-million.

For more information, refer to the company's news release dated Oct. 23, 2017.

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