Merah Resources Limited (ASX: MEH) – $0.027

18 Jul 2014

Merah Resources has entered into a binding term sheet with Oresearch Limited, a private Australian company, to acquire the legal and beneficial ownership of 100% of the issued capital of Oresearch.

The company will acquire a pipeline of assets including a copper asset located in Australia and a farm-in joint venture agreement to earn up to 80% interest in the Fyre Lake Property with over 150 mineral exploration licences located in the south east Yukon Territory of Canada.

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