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Orefinders to Acquire the McGarry Mine & 2.4 km Strike Length of the Cadillac-Larder Lake Break abutting the Kerr-Addison Mine
Orefinders to Acquire the McGarry Mine & 2.4 km Strike Length of the Cadillac-Larder L...
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[{"type":"text","content":"\n\n\n\nOrefinders to Acquire the McGarry Mine & 2.4 km Strike Length of the Cadillac-Larder Lake Break abutting the Kerr-Addison Mine\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.prngen4{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prngen3{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prngen2{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prntbls{\nBORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid\n}\n\n\n\n\n\n\nOrefinders to Acquire the McGarry Mine & 2.4 km Strike Length of the Cadillac-Larder Lake Break abutting the Kerr-Addison Mine\nCanada NewsWire\nTORONTO, April 3, 2018\n\n\n\nTORONTO, April 3, 2018 /CNW/ - Orefinders Resources Inc. (\"Orefinders\" or the \"Company\") (TSX.V: ORX) is pleased to announce that it has entered into a definitive agreement to acquire a 100% interest the McGarry Mine and Barber-Larder Properties (collectively \"McGarry\") from Kerr Mines Inc. (\"Kerr\"), formerly known as Armistice Resources Ltd. \n\n\"We are very pleased to announce this acquisition and see this transaction as excellent value for our shareholders. We were able to negotiate favourable terms with Kerr as they believe in Orefinders' vision and strategy to acquire established resources within the Abitibi while focussing on shareholder value with minimal dilution. McGarry's combination of its existing resources, its proximity to major mines (the Kerr-Addison Mine) and orebodies, its mine infrastructure, ease of access and its significant exploration upside opportunity make this a highly ac...