Reuters logo
BRIEF-Comstock Mining Inc enters into an option agreement with Tonogold Resources Inc‍​
October 5, 2017 / 1:00 PM / 12 days ago

BRIEF-Comstock Mining Inc enters into an option agreement with Tonogold Resources Inc‍​

Oct 5 (Reuters) - Comstock Mining Inc

* Comstock Mining Inc - on Oct 3, co entered into an option agreement with Tonogold Resources Inc‍​

* Comstock mining - as per agreement, Tonogold granted option to buy 51 pct of certain equipment, property located at co’s american flat property for $25 mln

* Comstock says ‍under terms, Tonogold can earn 51 pct interest in co's unit by making capex on lucerne property of $20 mln, payments of $2.2 mln to co Source text for Eikon: [bit.ly/2xjn2GK] Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below