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BRIEF-First Mining signs option agreement with major Mexican mining company

Published 2015-11-20, 07:15 a/m
© Reuters.  BRIEF-First Mining signs option agreement with major Mexican mining company
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Nov 20 (Reuters) - First Mining Finance Corp FF.V :
* Signs option agreement with major Mexican mining company
* Has signed an option agreement with exploraciones mineras penoles, s.a. de
c.v
* Penoles may earn-in up to a 100% interest in the properties by paying to
First Mining a total of $1.5 million over 5 years
* All mining concession taxes and assessment work for properties as required by
law, will be paid by penoles
* Under agreement penoles may acquire first mining's puertecitos and los
tamales copper properties located in northern sonora

* Source text for Eikon urn:newsml:reuters.com:*:nMKW0pw23a
* Further company coverage FF.V

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