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BRIEF-Aura Silver enters into binding letter agreement to increase interest in Taviche Gold/Silver Project to 100%

Published 2016-02-17, 12:15 p/m
© Reuters.  BRIEF-Aura Silver enters into binding letter agreement to increase interest in Taviche Gold/Silver Project to 100%
AUU
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Feb 17 (Reuters) - Aura Silver Resources Inc AUU.V :
* Enters into binding letter agreement to increase interest in Taviche
Gold/Silver Project to 100%, eliminates royalty with acquisition
* Entered agreement with intrepid mines ltd for acquisition of Intrepid's 26.5%
joint venture interest in Taviche Project
* Consideration payable for acquisition of Intrepid's project interest is
comprised of 1 million common shares of Aura Silver
* Says acquisition will have no impact on the company's cost of operations for
the Taviche project

* Source text for Eikon ID:nMKWRVplza

* Further company coverage AUU.V

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