http://www.canadianminingjournal.com/press-releases/story/?id=1003715234
Global Copper Group Inc. (TSX VENTURE:ICU) (“Global”) is pleased to announce that it has signed a letter of intent (“LOI”) with a Canadian based mining Company pursuant to which the Company has received the right to assess all data available with respect to a copper mining project in Central Mexico as a result of which the Company will now commence it’s due diligence review in order to determine whether or not the project is of adequate merit to pursue to the stage of a definitive agreement. The review will take place under the direction of Dr. Andreas Rompel, FSAIMM.
Should Global proceed with the acquisition, the acquisition will be subject to financing and to TSX Venture Exchange approval.