Matamec announces agreement for the sale of its royalties in the Timmins Gold Camp to Metalla Royalty & Streaming Ltd.
Net smelter royalties on the Hoyle-Matheson and Montclerg properties to be sold
3,000m campaign on Zone 25 seeks to confirm the extension of gold mineralization to the west and follow up on previous results that include 21.05m of 4.94g/t Au
Matamec welcomes breakthrough discovery: IBM scientists store 1 bit of data on a single holmium atom
Matamec’s Kipawa deposit contains holmium, the heavy rare earth element essential to new storage technology that allows for 1000x more data to be stored than ever before.
The joint venture plans to invest the remaining $2,030,000 CAD over the next year in pursuit of its 2015-2017 objectives.
Matamec Closes its Agreement with Glencore and Goldcorp for the Hoyle and Matheson Townships Properties
Matamec receives CAD$500,000 and NSR on the new Hoyle-Matheson Royalties Property
Matamec to receive $500,000 and NSR on 4 properties
The PRE AA (agreement) sets out the arrangements among the parties related to, among other things, the consideration to be received by the Company for the sale of its interest in the properties, being CAD$500,000 and certain net smelter royalties, all as detailed below.