Premium Exploration

Welcome To The Premium Exploration Inc HUB On AGORACOM Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho

about 11 years ago

in response to Panamax's message

It does seem like the company's assets are being sold off.

The sale of 24.9% PEM USA for $200,000. (PEM USA is not a publically traded company)

If the TSX or the board do not approve the sale tansaction, Premium has to pay $400,000 and 4,200,000 post consolidation share warrants for the the return of the 24.9% interest in PEM USA.

Read the news release, I may be reading this wrong.

I would like to know the name of the person buying the 24.9% interest in PEMUSA