North of 60 Mining News - The mining newspaper for Alaska and Canada's North

North of 60 Mining News - Mining Business directory

IDM nabs massive Yukon portfolio

 

Last updated 12/13/2015 at Noon



IDM Mining Ltd. Dec. 8 reported that it has entered a binding agreement to acquire Oban Mining Corp.'s extensive portfolio of precious and base metal properties in the Yukon Territory.

Oban also has agreed to subscribe for 11,111,111 IDM common shares at C9 cents each, for gross proceeds of C$1 million, by way of a non-brokered private placement.

"IDM is excited to welcome Oban Mining as a...



For access to this article please sign in or subscribe.






 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020