MOLTEN METALS CORP. (the 'Company') (CSE: MOLT; FSE: Y44) announces that it has completed the sale of its Slovakian mining assets to an arm's length private company in consideration for $85,000 and a royalty of one percent on production revenue.
The agreement provides that the Company will have the right to sell the royalty to the purchaser after one year and prior to three years from the date of the Agreement for $162,800, and thereafter the purchaser will have the right to acquire the royalty for $285,000 prior to production. The Company is continuing to focus on its West Gore property located in Nova Scotia, Canada, and is seeking other opportunities.
Contact:
Brooklyn Reed
Corporate Secretary
Molten Metals Corp.
Tel: 778.918.2261
Email: brooklyn@moltenmetalscorp.com
(C) 2024 Electronic News Publishing, source ENP Newswire