13:50:23 EST Tue 07 Dec 2021
Enter Symbol
or Name

Login ID:
Nobel Resources Corp
Symbol NBLC
Shares Issued 65,971,005
Close 2021-10-19 C$ 0.64
Recent Sedar Documents

Nobel Resources agreement for La Salvadora project

2021-10-19 20:55 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement dated Sept. 24, 2021, between the company and an arm's-length party, whereby the company has the option to acquire up to a 100-per-cent interest of the La Salvadora project, located in Chile.

Under the terms of the agreement, the aggregate $4.5-million (U.S.) purchase price can be satisfied via cash. The vendor will retain a net smelter return (NSR) royalty of 2 per cent in respect of the project. The company will have the right to buy back 1.5 per cent of the NSR royalty for $2-million (U.S.).

For more information, please refer to the company's news release dated Oct. 13, 2021.

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