TAKRAF, a German manufacturer of open-cast mining and material handling equipment, has acquired FMC Technologies’ material handling systems business unit’s assets in Lansdale, Pennsylvania, US.
The business unit will also be integrated into TAKRAF’s US business located in Denver, Colorado, but will continue to operate from Lansdale.
X-Terra Resources has signed an agreement with a group of four prospectors to acquire interest in 234 mining claims, which form a part of the newly discovered Veronneau gold property in Québec, Canada.
X-Terra will pay $250,000 in cash and issue five million common shares over four years as a purchase consideration in order to earn a 60% undivided ownership interest in the claims.
Furthermore, it will invest $3.5m in mining exploration and transfer and assign 70 mining claims located adjacent to the Veronneau property to the optionors, against a consideration of $5,000.
Eureka Resources has announced plans to acquire a contiguous block of 82 claims covering 1,695ha in Klondike Gold Fields of Yukon Territory, Canada, within the Dawson Mining Division.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAn acquisition agreement has been signed with the stacking syndicate, which will receive 500,000 million shares of Eureka Resources as a purchase consideration.