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Bell Copper Corporation (TSXV:BCU) to purchase a surface and subsurface mineral rights for the Van Dyke property in Miami, Arizona from Bennu Properties, LLC, Albert W. Fritz Jr. and Edith Spencer Fritz.
Bell Copper Corporation (TSXV:BCU) to purchase a surface and subsurface mineral rights for the Van Dyke property in Miami, Arizona from Bennu Properties, LLC, Albert W. Fritz Jr. and Edith Spencer Fritz.
As quoted in the press release:
Under the terms of the Purchase Agreement, Bell Resources will acquire clear title to surface and subsurface mineral rights comprising approximately 60% of the estimated extent of the Property, which rights the Vendors acquired through a tax lien foreclosure process, together with certain other surface and subsurface mineral rights owned by the Vendors in the Miami, Arizona area.
Bell Copper’s Chief Executive Officer, Michael Werner stated:
We are very pleased to be finalizing this acquisition and taking control over the process for consolidating the ownership of mineral rights relating to the Van Dyke property.
Click here to read the Bell Copper Corporation (TSXV:BCU) press release.
