BRIEF-Mooncor Oil & Gas enters letter of intent for projects in Germany, Namibia By Reuters

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BRIEF-Mooncor Oil & Gas enters letter of intent for projects in Germany, Namibia

Published May 30, 2017 13:55

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BRIEF-Mooncor Oil & Gas enters letter of intent for projects in Germany, Namibia

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May 30 (Reuters) - Mooncor Oil & Gas Corp MOO.V :

* Mooncor Oil & Gas Corp enters into a binding letter of intent

* Entered into LOI with arm's length third party whereby co to acquire undivided 50% interest in a silver-zinc project in Germany

* Terms of agreement will include issuance of aggregate of 31.7 million common shares to vendor

* Entered into LOI to also acquire a silver-copper-fluorite project in Namibia Source text for Eikon: Further company coverage: MOO.V

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