trending Market Intelligence /marketintelligence/en/news-insights/trending/2Wg_P7tgkDUQvLUPm6h1Ng2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Chimata Gold to acquire Bam property from Bearclaw Capital

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Chimata Gold to acquire Bam property from Bearclaw Capital

Chimata Gold Corp. said Oct. 13 that it agreed to acquire the Bam gold property in British Columbia from Bearclaw Capital Corp. in a cash and stock deal.

Chimata will pay C$60,000 and issue 600,000 shares in stages to Bearclaw over a 12-month period to acquire the property. Bearclaw will retain a 2% net smelter royalty, half of which may be bought by Chimata at any time for C$1 million.

The company, meanwhile, plans to raise up to C$550,000 in a private placement to fund exploration activities and for general working capital.