Posted in | News | Iron Ore | Mining Business

Papuan Precious Metals to Advance Deposit for JV to Acquire Large Iron Ore Project

Editorial Checklist

Reviewed

Mar 18 2015

PAPUAN PRECIOUS METALS CORP. (the "Company") is pleased to announce that it will advance US$100,000 as a deposit on an agreement to form a joint venture with Singapore based Juniper Capital Partners to acquire a 50% interest in a large Iron Ore project.

The Company intends to advance up to US$375,000 to the joint venture to acquire the interest in the project. The project is located outside of North America and significant exploration has been previously undertaken on the project. The Company will provide an updated news release upon completion of an initial agreement.

FINANCING

The Company intends to undertake a $CDN 500,000 private placement financing, which may be partially brokered and partially non-brokered, at C$.05 per share. Finder's fees of 7% payable in cash or shares may be paid upon closing.

ON BEHALF OF THE BOARD

Dev Randhawa, CEO

Source:

http://www.ppmpng.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback

Public Comment

Private Feedback to AZoMining.com

Submit

Thermo Scientific™ ARL™ X900 Simultaneous/Sequential XRF Spectrometer

Thermo Scientific™ ARL™ X900 Simultaneous/Sequential XRF Spectrometer

The Thermo Scientific™ ARL X900 XRF Spectrometer is a WDXRF analyzer with XRD capability that provides quick, precise elemental composition results

From Thermo Fisher Scientific - Elemental and Phase Analysis

Bettersizer 2600 - Wet or Dry Particle Size Analyzer

Bettersizer 2600 - Wet or Dry Particle Size Analyzer

The Bettersizer 2600 is a wet or dry particle size analyzer from Bettersize Instruments.

From Bettersize Instruments Ltd.

GeoSpec: The Ultimate Benchtop NMR Rock Core Analyzer

GeoSpec: The Ultimate Benchtop NMR Rock Core Analyzer

This product profile highlights GeoSpec, the industry-leading benchtop NMR rock core analyzer for measuring key properties of rocks, reservoirs, and fluids, including oil and water volumes, porosity, permeability, and fluid saturation.

From Oxford Instruments Magnetic Resonance

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

To start a conversation, please log into your AZoProfile account first, or create a new account.

Registered members can chat with Azthena, request quotations, download pdf's, brochures and subscribe to our related newsletter content.

A few things you need to know before we start. Please read and accept to continue.

Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
Large Language Models can make mistakes. Consider checking important information.

I understand, and agree to receive occasional emails about Azthena such as usage tips and new feature announcements.

Please check the box above to proceed.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.