Rockcliff Metals Corporation has announced it has received a payment of 150 thousand dollars from Norvista Capital Corporation. This payment closed the sale of its interest in the Talbot Option Agreement and the Talbot Property near Snow Lake to Norvista Capital. An initial 3 million dollars was paid in May.
President Ken Lapierre says pursuant to the recently announced option of two of their gold properties, Laguna and Lucky Jack Gold near Snow Lake to Kinross Gold and the completion of the sale of the Talbot property option to Norvista Capital they have demonstrated their ability to monetize assets within their extensive property portfolio. He says with Kinross Gold and Norvista Capital now actively exploring their gold and base metal properties at the same time the remainder of 2018 will be very busy noting they continue to consider all strategic opportunities to monetize and advance their extensive base and precious metal property portfolio in the Snow Lake Mining Camp with minimal dilution to the Company’s shareholders.