Luminex Acquires the Chalapo Concessions from Codelco
Published on: Sunday 17 April 2022
Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to announce that it has signed a binding agreement with Corporación Nacional del Cobre de Chile ("Codelco") to acquire its 100% owned Chalapo concessions (the "Project") in the Loja province of Ecuador for US$60,000 of consideration and a 1.0% NSR. 0.5% of the NSR can be purchased by Luminex for US$5.0 million before the year 2030.
News source: https://www.yahoo.com/lifestyle/luminex-acquires-chalapo-concessions-codelco-103000868.html