The mining newspaper for Alaska and Canada's North

IDM nabs massive Yukon portfolio

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 signifi...

 

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