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Highland Resources: TSX Acceptance Received for JV Agreement to Acquire Copper Resources
Nov. 01, 2011 01:14PM PST
Company NewsHighland Resources Inc. (TSXV:HI) announced that the TSX has approved the company’s 65% acquisition of Michigan copper properties.
Highland Resources Inc. (TSXV:HI) announced that the TSX has approved the company’s 65% acquisition of Michigan copper properties.
As quoted in the press release:
Total consideration consists of $750,000 cash, 1,000,000 common shares of the Company, and $11,500,000 to be spent on a development and exploration program on the Property over a three-year period to earn the 65% interest.
Click here to read the Highland Resources Inc. (TSXV:HI) press release.
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