CHN 0.37% $1.36 chalice mining limited

News: CHN First Mining to acquire Cameron Gold Project from Chalice Gold Mines

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    May 3 (Reuters) - First Mining Finance Corp FF.V

    • First mining to acquire cameron gold project from chalice gold mines limited
    • First mining finance corp says deemed value of transaction is approximately $13 million
    • On completion chalice will hold approximately 8.1% of issued and outstanding shares of first mining
    • Co agreed to buy cameron gold operations ltd in exchange for 32,260,836 common shares of first mining
    • Chalice to retain 1% net smelter royalty over certain mining claims within cameron gold project
    • Deemed value of transaction is approximately $13,000,000
 
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