• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    market news

    Canadian Platinum: Peter Lake Purchase and Sale Agreement Signed

    Melissa Shaw
    Oct. 02, 2017 08:36AM PST
    Precious Metals

    Canadian Platinum (“CPC” or the “Company”-TSXV:CPC) is pleased to announce that it has signed a definitive agreement (the “Agreement”) to sell its 100%-owned Peter Lake property in northern Saskatchewan. Further to the news release dated July 13, 2017, the terms outlined in the original Letter of Intent have been revised through ongoing negotiation resulting in …

    Canadian Platinum (“CPC” or the “Company”-TSXV:CPC) is pleased to announce that it has signed a definitive agreement (the “Agreement”) to sell its 100%-owned Peter Lake property in northern Saskatchewan.
    Further to the news release dated July 13, 2017, the terms outlined in the original Letter of Intent have been revised through ongoing negotiation resulting in the final Agreement. The purchaser is American Energy Metals (“AEMC” or the “Purchaser”), and the terms of the Agreement allow AEMC to purchase a 100% working interest in the Peter Lake property by:
    The Peter Lake property is located in northern Saskatchewan and hosts significant Cu-Ni-PGE-Co mineralization. Closing of the transaction is expected to occur on, or before, October 29, 2017.
    Gary Billingsley, President states:

    “The Company is pleased to have signed a formal agreement for the sale of the Peter Lake property. The transaction allows CPC to participate in what we certainly see as the significant upside potential of the project, through the NSR and through share ownership of the company developing the project.
    Perhaps more significantly, the deal allows us to begin exploration work on our Nevada gold project, which will become our focus in the near term.”

    Click here to read the full text release. 

    tsxv:cpcmarket newscanadian platinum
    The Conversation (0)

    Go Deeper

    AI Powered

    Apogee Completes Field Program at the Pine Channel Property

    Canadian Palladium

    Canadian Palladium

    Latest News

    Review Highlights High Grade Bismuth Intercepts at Orlando

    Cloncurry Gold Project Acquisition To Close In November

    High-grade gold assays returned in Menzies DD drilling

    Maiden Drilling Results from Mt Solitary

    FORTUNE BAY ANNOUNCES C$8 MILLION BOUGHT DEAL PRIVATE PLACEMENT

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES