NUBIAN RESOURCES LTD. ("NBR") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: October 24, 2022 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to an NSR Transfer Agreement (the "Agreement"), dated August 30, 2022, between Nubian Resources Ltd. (the "Company") and Zinc One Resources Inc. (the "Vendor"), whereby the Company has agreed to acquire a 2% net smelter return royalty (the "NSR") that the Vendor holds over certain mining claims located in Arequipa, Peru.
In consideration of the NSR, the Company will make a $75,000 cash payment and issue 500,000 common shares to the Vendor.
For further details, please refer to the Company's news release dated October 12, 2022.
________________________________________
|
|