CuOro Enters Transaction Agreement With Pacific Road Resources Fund II

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CuOro Resources Corp. (TSXV:CUA,FWB:6BC), Pacific Road Resources Fund II and Pacific Road Resources Fund II L.P. entered into a definitive agreement with respect to certain investments proposed to be made in CuOro by Pacific Road.

CuOro Resources Corp. (TSXV:CUA,FWB:6BC), Pacific Road Resources Fund II and Pacific Road Resources Fund II L.P. entered into a definitive agreement with respect to certain investments proposed to be made in CuOro by Pacific Road.

As quoted in the press release:

Under the terms of the Agreement, the Corporation has granted to Pacific Road two separate options to purchase units of the Corporation by way of non-brokered private placements, subject to certain terms and conditions as set out in the Agreement. The issuance of the units is subject to shareholder approval and in each case the final approval of the TSXV.

The Agreement also provides for Pacific Road to purchase between two million and three million common shares of the Corporation in the secondary market, subject to certain terms and conditions as set out in the Agreement, including obtaining shareholder approval.

Click here to read the CuOro Resources Corp. (TSXV:CUA,FWB:6BC) press release

See this press release on Marketwire
Click here to see the CuOro Resources Corp. (TSXV:CUA,FWB:6BC) profile.

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