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Celeste Copper Corporation (CVE:C) reports the terms of its private placement financing.
Celeste Copper Corporation (TSXV:C) reports the terms of its private placement financing.
The press release is quoted as saying,
As announced in a news release dated May 25, 2011, Celeste has entered into an earn-in agreement to acquire 60% with the ability to go to 100% based on a valuation after having earned the 60% interest in Cornish Minerals Limited, a corporation existing under the law of England, which controls 150 km2 of tin and copper mineral rights throughout the Cornish metallogenic province in Cornwall, England, including the assets known as the South Crofty Mine.
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