Magna Terra entered into a Purchase Agreement with Oroplata (Newmont) that will pay Magna Terra (Atala) $1 million as follows: $25,000 on signing and six installments totalling $975,000 payable ($75,000 paid) within six years from the date of the Agreement. In addition, Newmont (Oroplata) has granted a 2% NSR to Magna Terra (Atala) on the Boleadora package. The royalty can be reduced to 1% by payment of $2.5 million by Oroplata to Atala at anytime, and the gross royalty payable is capped at $20 million.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.035 CAD | -12.50% | -12.50% | +16.67% |
1st Jan change | Capi. | |
---|---|---|
+16.67% | 2.43M | |
-13.95% | 146B | |
-5.37% | 120B | |
-2.41% | 71.33B | |
+7.11% | 48.8B | |
+10.78% | 48.78B | |
+34.68% | 40.77B | |
+21.66% | 26.19B | |
+48.49% | 22.57B | |
+54.71% | 18.44B |
- Stock Market
- Equities
- MTT Stock
- News Magna Terra Minerals Inc.
- Magna Terra Enters into Purchase Agreement with Oroplata