Endomines completes purchase of US Grant and Kearsarge Gold Projects and has resolved on a directed share issue in connection therewith
Endomines AB, Stock Exchange Release 8 October 2020 at 14:45 CEST Endomines AB (publ) (the “Company” or “Endomines”) has now completed the previously announced acquisitions of the US Grant Mine and Mill and the Lease Assignment of the Kearsarge Gold Project (collectively the “Assets”). The Assets are located in the Virginia City Mining District in Montana, USA. The total consideration to be paid to the seller, Transatlantic Mining Corp. (“Transatlantic”) (TCO:TSX.V) amounts to approximately MUSD 12.4, of which approx. MUSD 7.8 is paid in Endomines shares, and the remaining balance is