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Nortec (NVT) announces Letter of Intent for $20.5 million option of the LK Project, Finland

Marketwire | July 27, 2011 | 10:29 pm Base Metals Precious Metals Europe Copper Gold Nickel 

Under the terms of the LOI, Otterburn can earn an 80% interest in the LK Project on payment of $10.5 million in cash and securities to Nortec and by expending $10 million in exploration work within 3 years of signing...

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