MZN 0.00% 8.0¢ marindi metals limited

https://www.prnewswire.com/news-releases/pacton-gold-to-acquire-h...

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    https://www.prnewswire.com/news-rel...re-multiple-nuggets-discovered-300669491.html

    VANCOUVER, June 20, 2018 /PRNewswire/ - Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the "Company" or "Pacton") is pleased to announce that it has entered into a binding letter of intent ("LOI") to acquire 100% of the Bellary Dome ("Bellary Dome") exploration license 47/2555 from Marindi Metals Inc. (MZN:ASX) ("Marindi").

    Under the terms of the LOI, which will be formalized by a definitive agreement among the parties, the Company must pay C$2,000,000 and issue 10,098,000 common shares on closing of the transaction.  The Company must also pay C$1,000,000 or issue shares equal to that amount both on 12 months and 18 months after completion of the transaction.
 
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Currently unlisted public company.

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