Silicon Metals Secures Mining Permit Option in Strategic Sudbury District

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Silicon Metals Corp (CSE: SI) has completed the final cash payment of $25,000 to Geotek Exploration and Prospecting Ltd. for its option to acquire a 100% interest in Aggregate Permit AP6453 in the Sudbury Mining District, Ontario.

The remaining option obligations include issuing 1.5 million common shares within 12 months of CSE approval and another 1.5 million common shares within 18 months. All securities issued will be subject to a four-month and one-day statutory hold period.

Silicon Metals Corp (CSE: SI) ha effettuato l’ultimo pagamento in contanti di $25.000 a Geotek Exploration and Prospecting Ltd. per l’opzione di acquisire il 100% dell’Aggregate Permit AP6453 nel Sudbury Mining District, Ontario.

Le restanti obbligazioni previste dall’opzione includono l’emissione di 1,5 milioni di azioni ordinarie entro 12 mesi dall’approvazione della CSE e…

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