$DMNKF LOI $1 Million in Cash & Securities

New Post Public Reply Private Reply Replies (0) Message Board
Luke_McCain
$DMNKF LOI $1 Million in Cash & Securities

Quote:
Toronto, Ontario--(Newsfile Corp. - December 23, 2016) - DNI Metals Inc. (DNI: CSE) ("DNI" or the "Company" completes a Letter Of Intent "LOI", with BullRun Capital, whereas BullRun plans to purchase DNI's, Alberta Mining project known as the SBH or Buckton project.

BullRun Capital plans to complete an IPO or RTO into a public company "Pubco" with DNI's SBH project and other projects.

Terms of the Deal:

1. $150,000 cash paid to DNI, upon signing of Definitive Agreement "DA"

2. $250,000 cash paid to DNI, between 90 and 120 days after signing the "DA".

3. Bullrun will complete the Sale to PubCo on or before March 31, 2017. In consideration for the Acquisition, at closing, PubCo shall issue to DNI $600,000.00 of units of PubCo consisting of shares and warrants.


Read the entire PR at:

http://www.newsfilecorp.com/release/24275/DNI...Securities

BullRun Capital website:

http://www.bullruncapital.ca/

DNI Metals Inc. (DMNKF) Stock Research Links

DMNKF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Workhorse Group Battles Nasdaq Compliance Amid Financial Woes

Updated Category News Views 87

Workhorse Group Faces Nasdaq Compliance Challenges Workhorse Group Inc (NASDAQ: WKHS), a manufacturer in the electric vehicle sector, has recently been issued a notice by the Nasdaq Stock Market regarding its non-compliance with the minimum bid price requirement. The pressing issue arises from the company's common stock trading below the $1.00 mark for a continuous period...

Continue Reading
Investors Have a Deadline to Join NET Power Class Action

Updated Category News Views 293

Investors Have a Deadline to Join NET Power Class Action In a significant turn of events, Kahn Swick & Foti, LLC advises investors who’ve incurred losses exceeding $100,000 in NET Power Inc. to take action. If you are among those affected, the time is critical. You have until June 17, 2025 to file your lead plaintiff application in this securities class action lawsuit...

Continue Reading
New Developments in Borregaard ASA's Share Transactions

Updated Category News Views 152

Insight into Recent Share Purchases at Borregaard ASA Recently, significant transactions have emerged within Borregaard ASA that are noteworthy for investors and stakeholders alike. Tove Andersen, a dedicated member of the board, made headlines by acquiring 2,000 shares at a price of NOK 187.92 each. This purchase marks a decisive move, increasing her total holdings to...

Continue Reading
Guaranteed Roof Enhances Commercial Roofing Options in NC

Updated Category News Views 136

Guaranteed Roof Enhances Commercial Roofing Options in North Carolina Guaranteed Roof, recognized for its expertise in roof rejuvenation and replacement services, is excited to announce a major enhancement to its commercial division. This initiative strongly emphasizes the utilization of FAR Coatings, a cutting-edge solution for flat and low-slope roofs. By leveraging...

Continue Reading
Key Details for Sage Therapeutics, Inc. Investors Ahead of Deadline

Updated Category News Views 38

Understanding the Class Action for Sage Therapeutics, Inc. As a diligent investor, knowing your rights is crucial, especially when involved with companies like Sage Therapeutics, Inc. (NASDAQ: SAGE). If you purchased securities between specific dates, it’s essential to pay attention to upcoming deadlines. The Importance of the Deadline The Rosen Law Firm, a leading...

Continue Reading