Starcore International Mines has entered into a Share Purchase Agreement to acquire all outstanding shares of K Mining SARL, a private Ivorian gold exploration company. The acquisition, valued at Cdn$500,000, includes seven gold permit applications covering 1,393 km² in Côte d'Ivoire. Starcore will make further payments to the Shareholder upon the achievement of certain milestones, including a NI 43-101 compliant resource estimate of at least 500,000 ounces of gold and a preliminary positive feasibility report.
Sunday, February 2, 2025 11:30 PM PST announces that it has entered into a Share Purchase Agreement to acquire all of the issued and outstanding shares of K Mining SARL , a private Ivorian gold exploration company in Abidjan, Côte d'Ivoire that holds seven gold permit applications covering a total of 1,393 kmIn consideration of Cdn$500,000, Starcore acquired all of the issued and outstanding shares of K Mining from its sole shareholder, SPAM SRL .
b) Upon receipt by Starcore of a preliminary positive feasibility report on any portion of the exploration permits, Starcore will pay to the Shareholder an additional sum of US$500,000.
ACQUISITION MINING GOLD IVORY COAST STARCORE
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