June 18 (Reuters) - Monarch Gold Corp MQR.TO :
* MONARCH GOLD ANNOUNCES THE SIGNATURE OF BINDING LETTERS OF INTENT FOR THE ACQUISITION OF THE FAYOLLE GOLD DEPOSIT
* MONARCH GOLD CORP - IN CONSIDERATION OF HECLA'S 50% INTEREST, MONARCH WILL ISSUE 12 MILLION SHARES OF CORPORATION AT AN AGREED PRICE OF $0.25 PER SHARE
* MONARCH GOLD CORP - IN CONSIDERATION OF TYPHOON'S 50% INTEREST, MONARCH WILL PAY $1.15 MILLION
* MONARCH GOLD CORP - BINDING LETTERS OF INTENT WILL BE REPLACED BY FINAL PURCHASE AGREEMENTS
* MONARCH GOLD CORP - MONARCH AND EACH OF HECLA AND TYPHOON INTEND TO SIGN PURCHASE AGREEMENTS TOWARDS END OF SUMMER 2019.
* MONARCH GOLD CORP - MONARCH AND EACH OF HECLA AND TYPHOON INTEND TO SIGN FINAL PURCHASE AGREEMENTS TOWARDS END OF SUMMER 2019.