Excalibur Peru Update.
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| Title: | Excalibur Peru Update. |
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| Authors: | Marketwired |
| Source: | Marketwire (English). 05/25/2015. |
| Abstract: | TORONTO, CANADA -- (Marketwired) -- 05/25/15 -- Excalibur Resources Ltd. ("Excalibur" or the "Company') (CSE: XBR) (OTCQX: EXCFF) (FRANKFURT: X9CN) is pleased to provide an update on its Peru activities. In June 2014, the Company signed a letter of intent with Carbocol Peru S.A.C. to acquire 100% of San Pedro I, a 900 hectare gold-copper concession held in the state of Piura in northern Peru, close to the border of Ecuador, for 1 million shares of Excalibur. In October 2014, an adjacent 900 hectares mineral concession called San Pedro II, was acquired from the Peru government. The Company needs to incorporate a Peru subsidiary to close these transactions. [ABSTRACT FROM PUBLISHER] |
| Database: | Newspaper Source Plus |
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| Abstract: | TORONTO, CANADA -- (Marketwired) -- 05/25/15 -- Excalibur Resources Ltd. ("Excalibur" or the "Company') (CSE: XBR) (OTCQX: EXCFF) (FRANKFURT: X9CN) is pleased to provide an update on its Peru activities. In June 2014, the Company signed a letter of intent with Carbocol Peru S.A.C. to acquire 100% of San Pedro I, a 900 hectare gold-copper concession held in the state of Piura in northern Peru, close to the border of Ecuador, for 1 million shares of Excalibur. In October 2014, an adjacent 900 hectares mineral concession called San Pedro II, was acquired from the Peru government. The Company needs to incorporate a Peru subsidiary to close these transactions. [ABSTRACT FROM PUBLISHER] |
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