Colorado Goldfields, Inc. (OTCPK:CGFI) entered into a contract to acquire the Champion Mine from Jo Grant Mining Company, Inc. for $6.5 million in cash and stock on November 2, 2012. Under the terms of the agreement, Colorado shall issue 24 million shares and pay $3.05 million till January 6, 2013. Also Colorado Goldfields shall provide Jo Grant for a period of 99 years a 5% Net Smelter Royalty on the Champion Mining Claims.
1st Jan change | Capi. | |
---|---|---|
-11.94% | 152B | |
-9.98% | 115B | |
+2.32% | 75.19B | |
+13.53% | 45.91B | |
-13.08% | 41.53B | |
+24.02% | 37.97B | |
+117.88% | 35.06B | |
+22.73% | 26.15B | |
+83.27% | 21.05B |