Business
Mitchell announces closing of the acquisition of the Clare zinc-silver-lead Project in Ireland, private placement and name change
Mitchell announces closing of the acquisition of the Clare zinc-silver-lead Project in Ire...
About this update from Hannan Metals Ltd.
[{"type":"text","content":"\n\n\n\nMitchell announces closing of the acquisition of the Clare zinc-silver-lead Project in Ireland, private placement and name change\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 1pt solid; 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.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 9, 2017\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./\n\n\n\nVANCOUVER, Jan. 9, 2017 /CNW/ - Mitchell Resources Ltd. (\"Mitchell\" or the \"Company\") (TSXV: MI) announces that further to its news release of November 8, 2016, the Company has closed the acquisition (the \"Acquisition\") with the shareholders of Hannan Metals BC Ltd. (formerly Hannan Metals Ltd.) (\"Hannan Canada\"), a private British Columbia company, of all of Hannan Canada's issued and outstanding shares. \n\nPursuant to the closing, the Company has acquired a 100% interest in Hannan Canada's rights, through its wholly-owned subsidiary Hannan Metals Ireland Ltd. (\"Hannan Ireland\"), to the Clare zinc-silver-lead-copper prospecting licences (the \"Clare Project\") in County Clare, Ireland. Consequently, the Company has assumed all obligations of Hannan Ireland. For additional information regarding the Acquisition, refer to the Company's news release of November 8, 2016.    \n\nThe Clare Project consists of 7 prospecting licences (\"PLs\") and two PL applications for a total of 32,223 hectares located in County Clare, Ireland, the western edge of which is 1.5 km east of the town of Ennis. PLs 3509, 3640, 3643, 3679, 3787, 3788 and 3789, are granted and issued by the Exploration and Mining Division (\"EMD\") of the Department of Communicatio...