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Tag Archives: Brazil

Jaguar Mining Announces Strategic Option Agreement With IAMGOLD

Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX: JAG) is pleased to announce that it has signed an option agreement (the “Iron QuadrangleAgreement”) with IAMGOLD Corporation (“IAMGOLD”) on a package of 28 exploration tenements (the “Package”) covering an area of some 27,141.75 Ha in the prolific Iron Quadrangle, located in Minas Gerais, Brazil (see figure 1).  The Iron Quadrangle Agreement stipulates that Jaguar has the option to earn an initial 60% interest in the Package by spending $6.0 million in exploration expenditures over four years commencing in the third quarter of 2020. Jaguar will be the project operator and will be subject to oversight by a technical committee with representatives from both companies.
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VerdeMed, a Latin America Cannabis Company, announces US$5.0M offering to finance the acquisition of a Colombian Licenced Producer and a Brazilian Pharmaceutical Laboratory

VerdeMed holds rights to acquire a significant stake in a Colombian Licenced Producer -LP, which currently has a 3,000 sq ft indoor growing and industrial extraction facility, together with an option to buy the remaining interest in the LP. The LP is operational and fully licensed to plant, grow, extract, formulate and sell medicinal cannabis products. The LP plans to harvest its first crop and complete its initial medicinal cannabis oil sales by the end of this year.
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