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| Home : Crocodile Gold Announces Closing of Agreement to Terminate Its Net Free Cash Flow Sharing Arrangement |
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Jan 15
2015 |
Crocodile Gold Announces Closing of Agreement to Terminate Its Net Free Cash Flow Sharing Arrangement |
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TORONTO, ONTARIO--(Marketwired - Jan. 14, 2015) - Crocodile Gold Corp. ("Crocodile Gold" or the "Company") (TSX:CRK)(TSX:CRK.DB)(TSX:CRK.WT)(OTCQX:CROCF)(FRANKFURT:XGC) is pleased to announce that it has closed its previously announced Agreement with AuRico Gold Inc. ("AuRico") to terminate the existing net free cash flow sharing arrangement between the two companies in exchange for a one-time payment and a grant of a royalty on the Fosterville and Stawell Gold Mines. The Agreement received approval from the Foreign Investment Review Board of Australia, which was the final condition of closing the Agreement. |
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| Source:http://www.marketwired.com/mw/release.do?id=1982740&sourceType=3 |
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