25
Jan
13:46
NICKEL: Silver Elephant acquires Minago project in Manitoba
Canada-based Silver Elephant Mining Corp has acquired the Minago nickel project in Manitoba in a deal with Victory Nickel Inc, Kallanish reports.
Silver Elephant will pay $11.68 million with $6.68m in credit against secured debt owed to Silver Elephant and $5m in shares. Silver Elephant will also issue to Victory Nickel CAD 2m ($1.57m) in Silver Elephant common shares if the price of nickel exceeds $10/pound for 30 consecutive business days before 31 December, 202…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous