- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Big North Graphite (TSXV:NRT) and Flinders Resources (TSXV: FDR) have announced that the companies will further extend the due diligence period regarding their acquisition agreement to January 30, 2015. The entering into a definitive agreement to incorporate the terms of the binding letter has been extended to the same date.
As quoted in the press release:
A further extension is necessary as Flinders is waiting on various diligence reports on Big North and its assets. Both Flinders and Big North are working together to complete the due diligence in order to sign a definitive agreement.
Big North president and CEO, Spiro Kletas, said:
The Directors of Big North Graphite Corp still believe that the acquisition of Big North by Flinders represents a very positive step for our shareholders. Flinders is the only TSX Venture graphite company with a producing flake graphite mine and their management has the expertise and experience that will be beneficial in the restart of the El Tejon mine. This extension is required to complete all aspects associated with the acquisition our projects, specifically El Tejon, which has a 34 year history associated with it. The length of the extension takes into account the pending holiday season.
Click here to read the Big North Graphite (TSXV:NRT) press release
Click here to see the Big North Graphite (TSXV:NRT) profile.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â