POCML 1 Inc. (TSXV:LMP.P) and Mason Graphite Corp. have signed an amalgamation agreement whereby POCML1 will acquire all the shares of Mason Graphite.
POCML 1 Inc. (TSXV:LMP.P) and Mason Graphite Corp. have signed an amalgamation agreement whereby POCML1 will acquire all the shares of Mason Graphite.
As quoted in the press release:
Mason Graphite owns a 100% interest in the Lac Guéret graphite property (the “Lac Guéret Property”) consisting of 11,630.34 hectares, which is located in the Côte-Nord-Nouveau-Québec region in northeastern Québec, which it acquired from Cliffs Natural Resources Inc. through its wholly-owned subsidiary Quinto Mining Corporation (“Quinto”) pursuant to an asset purchase agreement dated April 5, 2012.
Click here to read the POCML 1 Inc. (TSXV:LMP.P) press release.