Wednesday, April 3, 2019
Prize Mining (PRZ:CA)
More To The Deal Than Meets the Eye.
Prize Mining Corp is a Canada based resource exploration company. It is primarily engaged in the business activity of acquiring and exploring resource properties in Canada. All the operations of the company are carried out in Canada. The organization is focused on Kena and Daylight Gold project which is located in the Nelson area of British Columbia, Canada.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Prize announces option
agreement to acquire gold properties. Prize Mining announced a performance-based option
agreement with Denton Resources Inc., a private corporation, to acquire a 100%
interest in 62 mineral claims comprising the Carscallan property near the town
of Cochrane in northeastern Ontario, Canada. The option agreement is
contingent on approval by the TSX Venture Exchange (TSX-V). - Performance-based
payments require little up-front capital. The option agreement requires little up-front capital and
Prize has the option to move forward based on key predictors of success.
The initial capital out…
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