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Strongbow inks off-take deal for South Crofty tin project

Strongbow Exploration Inc. entered into a conditional 10-year off-take deal with Orion Mine Finance affiliate OMF Fund II H Ltd., in connection with the company's targeted dual listing on London's AIM.

OMF Fund agreed to make an equity investment of at least US$3 million in Strongbow as part of the listing. It also agreed to purchase London Metal Exchange tin warrants, representing 5% of tin production from Strongbow's South Crofty mine in the U.K., according to an Oct. 17 release.

Strongbow's shares are currently listed on the TSX Venture Exchange.