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First Legacy Mining Corp. Enters into Option Agreement with Spectrum Mining Corporation to Acquire Rare Earth Element Project

First Legacy Mining Corp. Enters into Option Agreement with Spectrum Mining Corporation to...

articleDefense Metals Corp.November 26, 20183/company/defense-metals-corp/news/first-legacy-mining-corp-enters-into-option-agreement-with-spectrum-mining-corporation-to-acquire-rare-earth-element-project
First Legacy Mining Corp. Enters into Option Agreement with Spectrum Mining Corporation to Acquire Rare Earth Element Project

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[{"type":"text","content":"\n\n\n\nFirst Legacy Mining Corp. Enters into Option Agreement with Spectrum Mining Corporation to Acquire Rare Earth Element Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbtb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnml10{\nFONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN-LEFT:0.83em; FONT-SIZE: 8PT; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 26, 2018\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n VANCOUVER, Nov. 26, 2018 /CNW/ - First Legacy Mining Corp. (\"First Legacy\" or the \"Company\") (TSX-V: FLM) is pleased to announce that it has entered into an arm's length option agreement (the \"Agreement\") with Spectrum Mining Corporation (\"Spectrum\") dated November 22, 2018, pursuant to which First Legacy has the option (the \"Option\") to acquire all of the issued and outstanding shares of Spectrum (the \"Acquisition\"), a private British Columbia incorporated company, that is the legal, beneficial and registered holder of a one hundred percent (100%) interest in and to six (6) mining claims located in the Cariboo Mining Division, British Columbia known as the Wicheeda Rare Earth Element Project (the \"Wicheeda Property\"). \n\n \n \n\n \nFirst Legacy also announces that it intends to complete a non-brokered private placement (the \"Private Placement\") of up to 1,200,000 flow-through common shares (\"Flow-Through Shares\") of the Company at a price of $0.25 per Flow-Through Share to raise gross proceed...

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