17:25:57 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Molten Metals Corp
Symbol MOLT
Shares Issued 16,914,288
Close 2024-04-29 C$ 0.04
Market Cap C$ 676,572
Recent Sedar Documents

Molten Metals to sell Slovakian assets for $85,000

2024-04-30 13:32 ET - News Release

An anonymous director reports

MOLTEN METALS AGREES TO SELL SLOVAKIAN ASSETS AND PROPOSES SHARE CONSOLIDATION

Molten Metals Corp. has entered to an agreement to sell its Slovakian mining assets to an arm's-length private company in consideration for $85,000 and a royalty of 1 per cent on production revenue. The agreement provides that the company will have the right to sell the royalty to the purchaser after one year and prior to three years from the date of the agreement for $162,800 and thereafter the purchaser will have the right to acquire the royalty for $285,000 prior to production. The company is continuing to focus on its West Gore property located in Nova Scotia, Canada, and is seeking other opportunities.

The company further announces a proposed share consolidation in the range of 10 existing shares to 50 existing shares for each consolidated share, subject to obtaining any necessary shareholder approval. Further details will be announced in subsequent news releases in the coming weeks.

About Molten Metals Corp.

Molten Metals is developing antimony and antimony-gold mine projects.

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