Formation of Joint Venture. Effective as of the Earn-In Date, the Optionee and the Optionor will participate in a joint venture (the “Joint Venture”) by entering into a formal joint venture agreement (the “Joint Venture Agreement”) for the purpose of further exploration and development work on the Property and if warranted, the operation of one or more mines on the Property.
Appears in 4 contracts
Samples: Option and Joint Venture Agreement (Lake Victoria Mining Company, Inc.), Option and Joint Venture Agreement (Lake Victoria Mining Company, Inc.), Option and Joint Venture Agreement (Lake Victoria Mining Company, Inc.)
Formation of Joint Venture. Effective as of the Earn-In Date, the Optionee and the Optionor will participate in a joint venture (the “Joint Venture”) by entering into a formal joint venture agreement (the “Joint Venture Agreement”) for the purpose of further exploration and development work on the Property and if warranted, the operation of one or more mines on the Property.. Participating Interests
Appears in 1 contract
Samples: Option and Joint Venture Agreement
