Deal #3724

Location #1

Spatial accuracy level
Exact location
Location
Bonanza, Nicaragua

Latitude
14.0420696
Longitude
-84.56152739999999
Target country
Nicaragua
Comment on location
The Borosi property is located in the Bonanza-Rosita-Siuna areas of northeast Nicaragua, the “Mining Triangle” of Nicaragua

Land area

Size under contract (leased or purchased area, in ha)
[2012] 78525

Intention of investment

Intention of investment
Mining

Nature of the deal

Nature of the deal
Lease
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)

Implementation status

Implementation status
[2012] Startup phase (no production)

Purchase price

Comment on purchase price
The initial Option Agreement provided that the Company could earn a 51% interest in 11 exploration and exploitation mineral concessions with terms ranging from 20 to over 35 years covering approximately 70,000 hectares by funding C$8 million of exploration expenditures on the property by July 1, 2014, of which over C$4.5 million was funded by December 31, 2011.

Operating company

Name of investment project
Borosi

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Company sources
File
Date
2012-03-30

Data source #2

Data source type
Company sources
File
Date
2013-05-13

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Company sources
File

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)

Former land use

Former land use
Other
Comment on former land use
Mining

Detailed crop, animal and mineral information

Resources area
Copper, Silver, Gold

May 14, 2018, 9:58 p.m.

overwritten

This version

Compare with previous version

April 7, 2016, 12:42 a.m.

overwritten

Show this version

Compare with previous version

May 13, 2013, 3:26 p.m.

active

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.