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Article: El Capitan Signs Joint Venture Agreement with U.S. Canadian Minerals Inc. for Precious Metals Recovery from Cod Mine Tailings.
- Article from:
- Business Wire
- Article date:
- May 14, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
ENGLEWOOD, Colo.--(BUSINESS WIRE)--May 14, 2004
El Capitan Precious Metals, Inc. (OTCBB:ECPN) announced today that it has executed a joint venture agreement with U.S. Canadian Minerals, Inc. (OTCBB:UCAD) to put into production the recovery of gold and silver from the tailings of the COD mine located near Kingman, Arizona.
The joint venture agreement calls for UCAD to acquire an 80% interest in the COD mine in exchange for 720,000 shares of UCAD common stock. Shares of UCAD closed at $3.03 per share on May 12, 2004. In addition, UCAD has agreed to contribute 90 days operating capital to provide for at least three workers, fuel, ...
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Article: El Capitan Precious Metals, Inc. ...
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... ... WIRE)--May 1, 2003 El Capitan Precious Metals, Inc. (OTCBB: ECPN ... DML Services, Inc. to El Capitan Precious Metals, Inc. following the ... 2003, acquisition of El Capitan Precious Metals, Inc. in an exchange ...
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