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Richmond Minerals Inc. Announces The Acquisition Of Additional Exploration Licenses Targeting Gold And Critical Metals

PRIVATEOct 12, 2022

Acquiring Company

Richmond Minerals

Acquired Company

Exploration Licenses

VancouverManufacturingMiningPrecious Metals

Description

Richmond Minerals Inc. (TSXV: RMD) (“Richmond” or the “Company”) is pleased to announce the acquisition (through map staking) of 364 exploration licenses (“Freischürfe” type) in the Schellgaden and Kreuzeck-Goldeck areas located in Carinthia and Salzburg regions of Austria. These additional licenses are prospective for gold (“Au”) and antimony (“Sb”) mineralization. Richmond also acquired 192 base metal exploration licenses covering an area of approximately 92.3 km2 in the Tyrol, Leogang and Seekar areas of Austria. These licenses are prospective for cobalt (“Co”) and nickel (“Ni”) mineralization.

Quick answer

Richmond Minerals is acquiring Exploration Licenses and TMC the metals company, announced October 12, 2022.

How much did Richmond Minerals pay for Exploration Licenses?
The deal value was not disclosed.

Source: Fundz verified event record.

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Company Information

Company

Richmond Minerals

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Frequently asked

Who acquired Exploration Licenses?

Exploration Licenses was acquired by Richmond Minerals. The deal was reported on October 12, 2022. Richmond Minerals is privately held.

When did Richmond Minerals acquire Exploration Licenses?

Richmond Minerals's acquisition of Exploration Licenses was reported on October 12, 2022. Richmond Minerals Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Exploration Licenses do?

Exploration Licenses is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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