Asset sale of Bruner from CSQ.C to EDR.T is now complete. 400k ounce deposit with major upside potential increasing the resource size means PGOL's 2% royalty just became a lot more valuable.
Canamex completes Bruner asset sale for $10M
2021-08-31 16:04 ET - News Release
Mr. David Vincent reports
COMPLETES SALE OF BRUNER PROJECT IN NYE COUNTY, NEVADA
Canamex Gold Corp., further to its press releases of July 19, 2021, and Aug. 16, 2021, and after the shareholders meeting on Aug. 25, 2021, which voted to approve the sale transaction to Endeavour Silver Corp., has now completed the sale of the Bruner property, located in Nye county, Nevada. Endeavour paid $10-million (U.S.) in cash for 100 per cent of the Bruner gold project, which includes mineral claims, mining rights, property assets, water rights, and government authorizations and permits.
Furthermore, the company also wishes to advise that going forward, management of the company intends to utilize the net proceeds to seek out and acquire other mineral properties/assets, and ultimately continue as a mineral exploration company.
About Canamex Gold Corp.
Canamex is a public listed company registered in British Columbia, Canada, trading on the Canadian Securities Exchange (CSE: CSQ).