InvestmentPitch Media Video Discusses Headwater Gold’s Four Separate Definitive and Earn-In Agreements with Newcrest Mining with Potential Exploration Expenditures of US$145 Million and Strategic Equity Investment
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- Newcrest will fund a firm minimum commitment of US$8,500,000 in exploration expenditures cumulatively between the four Projects or pay the difference to Headwater.
- Caleb Stroup, Headwaters President and CEO, stated: We are extremely pleased to welcome Newcrest as a funding partner and shareholder.
- This transaction provides a very attractive mechanism to maintain our aggressive, discovery-focused exploration strategy across our high-quality project portfolio.