22:56:05 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Mirasol Resources Ltd
Symbol MRZ
Shares Issued 43,400,661
Close 2012-12-17 C$ 2.10
Market Cap C$ 91,141,388
Recent Sedar Documents

Mirasol Resources, Coeur D'Alene property agreement

2012-12-17 20:01 ET - Property Agreement

The TSX Venture Exchange has accepted for filing an offer to purchase dated Dec. 10, 2012, between Mirasol Resources Ltd. and Coeur D'Alene Mines Corp. and Coeur South American Corp., pursuant to which the Coeur parties will acquire from the company all of the outstanding quota (quota being the equivalent of shares) of Mirasol Argentina SRL (Subco). The only asset of Subco is a 49-per-cent interest in the Jaoquin project, located in Santa Cruz, Argentina. The Coeur parties own the other 51-per-cent interest in the property.

The Coeur parties will pay to the company a total consideration of $60-million (U.S.). Of this amount, $30-million (U.S.) will be paid in cash to the company and the issuance of 1,310,043 Coeur common shares valued at approximately $30-million (U.S.).

The transaction is arm's length.

Further details are available in the company's news release dated Dec. 11, 2012.

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