Nevada Eagle LLC acquired Certain Un-Patented Mining Claims in Nevada from Rae-Wallace Mining Company (OTCPK:RAEW.F) on October 21, 2015. Nevada Eagle exchanged Certain Un-Patented Mining Claims in Nevada for a 0.5% net smelter return royalty on potential production from the mining claims. Pursuant to the terms of the purchase and sale agreement Nevada Eagle has the one time option, two months following the completion of a feasibility study, to buy back the NSR for a price of $0.5 million.

Nevada Eagle LLC completed the acquisition of Certain Un-Patented Mining Claims in Nevada from Rae-Wallace Mining Company (OTCPK:RAEW.F) on October 21, 2015.