UK-based Pembridge to buy Minto Mine
North of 60 Mining News – February 9, 2018
Last updated 9/24/2020 at 6:39pm
Capstone Mining Corp. Feb. 14 announced that it is selling its Minto copper mine in the Yukon to Great Britain-based Pembridge Resources plc.
Under the terms of the definitive share purchase agreement, Capstone will receive US$37.5 million in cash, plus working capital adjustments, and common shares representing 9.9 percent of the issued and outstanding shares of Pembridge upon completion of t...