Business
Bird River Announces Assignment Agreement to Acquire Mining Rights in Mexico
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES WINNIPEG, MB / ACCESS Newswire / May 6, 2025 /Bird River Resources Inc. (the "Company") (CSE:BDR) announces its wholly owned subsidiary, Cotton Mining & Processing, ...
About this update from Exter Gold Corp.
[{"type":"text","content":"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES","length":88,"tagName":"p"},{"type":"text","content":"WINNIPEG, MB / ACCESS Newswire / May 6, 2025 / Bird River Resources Inc. (the "Company") (CSE:BDR) announces its wholly owned subsidiary, Cotton Mining & Processing, S.A. de C.V. ("Cotton") has entered into a master assignment agreement with Ingenieros Mineros, S.A. de C.V., a company existing under the laws of Mexico ("Ingenieros"), dated April 30, 2025 (the "Agreement") whereby Cotton, as assignee, may acquire a 100% interest in the mining concessions named "El Dorado", Title number 166132 (the "Mining Concession Title") upon completion of the Cash Payments (as defined herein).","length":650,"tagName":"p"},{"type":"text","content":"Pursuant to the Agreement and in consideration of the assignment of the Mining Concession Title (the "Assignment"), Cotton shall pay Ingenieros, a total ofUSD$145,000 via various cash installments (the "Cash Payments"), as follows:","length":251,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"USD$22,500 due as of the effective date of the Agreement (the "Effective Date");","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"USD$25,000 due as of 90 days from the Effective Date;","length":53,"tagName":"p"}]},{"val":[{"type":"text","content":"USD$25,000 due as of 180 days from the Effective Date;","length":54,"tagName":"p"}]},{"val":[{"type":"text","content":"USD$25,000 once certain conditions are completed, including but not limited to: (i) Cotton obtaining satisfactory proof of registration of the Assignment and before the applicable regulatory body; and (ii) Cotton obtaining the necessary drilling permits to exploit the Eldorado mine (the "Mine"), pursuant to the Mining Concession Title;","length":347,"tagName":"p"}]},{"val":[{"type":"text","content":"USD$25,000 once certain conditions are completed, including but not limited to receipt of an environmental impact statement from the relevant regulatory body; and","length":162,"tagName":"p"}]},{"val":[{"type":"text","content":"USD$22,500 upon the extraction of first ore production from the Mine.","length":69,"tagName":"p"}]}],"tagName":"ol","bulletedList":false,"length":775...