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News: GMN Gold Mountain enters agreement to acquire 70% of tenement adjoining Crown Ridge

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    19/07/17
    11:30
    Post #: 25952493

    July 19 (Reuters) - Gold Mountain Ltd (GMN)

    • Agreement to acquire 70% of tenement adjoining crown ridge
    • Entered into an acquisition agreement with Khor Eng Hock & Sons to acquire a 70% interest in PNG tenement El2306 "Abundance Valley"
    • Purchase price for tenement is $5.2 million comprising of $3 million in cash and 22 million gmn shares at $0.10 per share
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