trending Market Intelligence /marketintelligence/en/news-insights/trending/y3p4lasud_pnj0y4rbotrq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Canadian Metals to acquire 3 zinc properties in New Brunswick

State of the Market: Mining Q1-2020

Mining Exploration Insights - April 2020

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Canadian Metals to acquire 3 zinc properties in New Brunswick

Canadian Metals Inc. signed a definitive option agreement to acquire 100% of the TV Tower, Mountain Brook and Blackshale SedEx zinc properties in New Brunswick.

The properties comprise 355 claim units covering 7,762 hectares, according to a March 19 release.

The company will pay C$400,000 in cash and issue 16.0 million common shares to the vendor and spend C$300,000 on exploring the properties before Nov. 1, 2019. The deal also includes a 2% net smelter returns royalty.

Canadian Metals will pay an additional US$4.0 million cash on discovery of 1.0 million ounces of gold or gold equivalent resources at TV Tower, Mountain Brook or Blackshale SedEx, for a total of up to US$12.0 million for the three properties.