GOLD M&A
Days after announcing that it had consolidated ownership in its Mina Gold project, junior gold streamer Ely Gold & Minerals has agreed to sell the project to Colorado-based Gold Resource Corp for $1-million.
Under terms of the deal, Gold Resource acquired 100% of the Mina Gold property for restricted common stock valued at $850 000 and a one-time advanced royalty cash payment of $150 000.
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