Common use of ACQUISITION OF INTEREST Clause in Contracts

ACQUISITION OF INTEREST. Upon the completion by Emgold of the cash and share payments set out in section 2, Emgold shall have earned an undivided 100% interest in and to the Property, subject only to the royalty interest reserved to the Optionors pursuant to section 5.

Appears in 2 contracts

Samples: Stewart Property Agreement (Emgold Mining Corp), Property Agreement (Emgold Mining Corp)

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ACQUISITION OF INTEREST. Upon the Emgold’s completion by Emgold of the cash and share payments set out in section 2, Emgold shall have earned an undivided 100% interest in and to the Property, subject only to the royalty interest reserved to the Optionors Optionor pursuant to section 56.

Appears in 1 contract

Samples: Dog Claim Group Option Agreement (Emgold Mining Corp)

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