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Blue Moon Metals acquires land and water rights in Nevada
Blue Moon Metals Inc. has entered into a definitive agreement to acquire a land package and associated water rights near its Springer mine in Pershing County, Nevada. The acquisition is valued at US$3.5 million in cash and US$4.5 million in common shares.
The property includes over 2,100 acres of land situated between Interstate 80 and the Union Pacific railroad line. According to CEO Christian Kargl-Simard, the deal more than doubles the existing water rights at Springer, providing the flexibility to develop the site into a hub-and-spoke processing and logistics complex.
Additional features of the property include a 60 KVA power line located on-site and water rights in the Imlay basin totaling over 1,500 afa.
Entities
Blue Moon Metals Inc. · Christian Kargl-Simard · Pershing County · Springer mine · Union Pacific
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Blue Moon Metals Inc. has entered a definitive agreement to acquire a land package and water rights near its Springer mine in Pershing County, Nevada. www.presseradar.de · www.newsonline24.net
- [● 2 SOURCES] The property includes an on-site 60 KVA power line. www.presseradar.de · www.newsonline24.net
- [● 2 SOURCES] The acquisition more than doubles the existing water rights for the Springer site. www.presseradar.de · www.newsonline24.net
- [● 2 SOURCES] The acquired property consists of more than 2,100 acres in Pershing County, Nevada. www.presseradar.de · www.newsonline24.net
- [● 2 SOURCES] The acquisition cost is US$3.5 million in cash and US$4.5 million in Blue Moon common shares. www.presseradar.de · www.newsonline24.net