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Highlights
- The deal includes USD25,000 cash, 10 million shares, and an assumption of over USD651,000 in payables.
- Bonus payments up to USD19 million tied to future resource milestones.
- 50,000 meters of drilling required by 2029; Durango receives 12-month resale restriction on shares
Roberto Resources Inc. (CSE: RBTO) has signed a binding letter agreement to acquire 100% of the Claudia gold-silver exploration project in Durango, Mexico, from Durango Gold Corp. The acquisition will be completed through the purchase of Cielo Azul Resources, a Durango subsidiary that holds the surface rights to the property.
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