Monarch Gold completes sale of Regcourt property and its interest in Louvem property to O3 Mining.
International Resource News-March 18, 2020--Monarch Gold completes sale of Regcourt property and its interest in Louvem property to O3 Mining
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International Resource News - 18 March 2020
Monarch Gold Corporation (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7), a gold mining company, has completed the sale of its Regcourt property and its interest in the Louvem property to O3 Mining Inc.
As consideration for the Regcourt property, O3 Mining has issued 113,637 common shares of its share capital to Monarch. O3 Mining has issued 4,546 common shares and will pay a 1 percent NSR royalty for Monarch's 50 percent undivided interest in the Louvem property in regards to the Louvem property. O3...
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