Nevada Clean Magnesium Enters Into Option Agreement with MillenMin Ventures Inc.

Nevada Clean Magnesium Inc.(TSXV:NVM) announced entering into an option agreement with MillenMin Ventures Inc.. Under the terms of the option agreement, MillenMin can acquire an undivided 70% interest in Nevada’s Windpass property.

As quoted in the press release:

Under the Option Agreement, MillenMin has been granted the exclusive right and option to acquire an undivided 70% interest in the Property by paying $120,000 to Nevada CMI, incurring $750,000 aggregate exploration expenditures on the Property and issuing 400,000 common shares in the capital of MillenMin (the “Shares”) to Nevada CMI over a period of four years.

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