The assets in question are 14 properties in Snow Lake, Manitoba and now a formal purchase agreement has been signed
Canadian resource group Rockcliff Metals Corp has moved closer to buying assets from ' () (OTCMKTS:RNKLF) wholly owned subsidiary Inc.
The assets in question are 14 properties in Snow Lake, Manitoba and now a formal purchase agreement has been signed, said RNC in a statement.
Rockcliff will issue 2.25 million shares to Royal Nickel.
Rockcliff has the largest junior property portfolio in the Flin Flon-Snow Lake greenstone belt -- the largest VMS (volcanogenic massive sulphide) district (copper, gold, zinc and silver) in the world and the area also contains gold mines and deposits.
shares in Toronto eased 1.4% to stand at $0.71 each.
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