The Online Investor
Precious Metals M&A image Precious Metals M&A » By The Online Investor Staff, updated Mon., Feb. 6, 2:08 AM Recent mergers and acquisitions in the Precious Metals M&A category.

Slide #32. Mill City 60% interest in the North East Tanjung Block

Acquirer: Mill City (MCYGF)
Acquiree: 60% interest in the North East Tanjung Block
Details: MILL CITY GOLD CORP. ("Mill City" and/or the "Company") (TSX VENTURE:MC)(OTCBB:MCYGF)(FRANKFURT:NJ6) is pleased to announce the signing of a Letter of Intent ("LOI") to purchase up to a 60% interest in the North East Tanjung Block, an onshore Indonesian gas concession and Production Sharing Contract with a 30 year contract term including initial 6 year exploration period, from PT Anugerah Trimata Kaltim Energi ("PTATKE"), an Indonesian limited liability company that holds a 100% working interest in the project.

Mill City Gold is a junior mineral exploration company engaged in the acquisition, exploration and development of mineral properties of merit in Canada with the aim of developing them to a stage where they can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploitation. Co. is focused on its gold exploration in the northern Ontario properties and its Yukon property. Co. has not earned any production revenue, nor found any proved reserves on any of its properties.

Open the MCYGF Page at The Online Investor »

Company Name: 
Mill City Gold Corp
Precious Metals

Open the MCYGF Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree MCYGF Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Precious Metals M&A - Slide 32 of 94 Page |

Copyright © 1998 - 2023, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.