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Property Option Agreement definition

Property Option Agreement means an agreement dated April 8, 2021 between Elk Exploration Ltd. as optionor and Consolidated Mineral Estates Ltd. as optionee, pursuant to which Elk granted to CMEL the option to acquire a 100% legal and beneficial interest in the Property, as such transaction is further described in this Prospectus;
Property Option Agreement means the option agreement dated March 13, 2018, made among the Issuer and the Optionors with respect to the Maple Bay Project.
Property Option Agreement means the amended and restated option agreement dated February 23, 2015, as amended by the provisions of the First Amending Agreement dated July 23, 2015, the Second Amending Agreement dated November 13, 2015 and the Third Amending Agreement dated January 14, 2016, made among the Corporation and the Optionors with respect to the Hanson Property.

Examples of Property Option Agreement in a sentence

  • Property Option Agreement Azimut Exploration Inc & Northwestern Mineral Ventures Inc.

  • Pursuant to an amended and restated Mineral Property Option Agreement, dated August 30, 1998, the Company has the option to reduce the GOR and NSR interests to 2.25% and 2%, respectively, and eliminate entirely the NPI by completing certain share issuances and cash payments to the original property owner within 90 days of a production decision.

  • On May 11, 2016, the Company entered into the Silver Dollar Property Option Agreement (the “Option Agreement”) with Explorex Resources Inc.

  • Under the terms of the Welsh Property Option Agreement dated July 17, 2006, the Company can earn a 100% interest in the property.

  • On August 20, 2020, the Company entered into a Property Option Agreement (“Agreement”) with an arms’ length vendor to acquire 100% interest in the Ranger Lake Gold Project in the Property of Quebec.


More Definitions of Property Option Agreement

Property Option Agreement means the property option agreement dated February 28, 2021 between the Vendor and the Company, pursuant to which the Company has been granted the Property Option;
Property Option Agreement means the option agreement dated January 24, 2019 made among the Issuer and the Optionors with respect to the Chu Chua Gold Property.
Property Option Agreement that certain Property Option Agreement by and among Borrower Sponsor, Borrower, and Manager Sponsor dated the date hereof.
Property Option Agreement means the option agreement dated January 15, 2020, as amended January 15, 2021, made between the Issuer and the Optionor with respect to the Cameron Lake East Project.
Property Option Agreement means the Mineral Property Option Agreement dated November 9, 2021, as amended October 28, 2022, made between the Issuer and the Optionors, with respect to the Wing Pond Property.
Property Option Agreement. , "Rating Agency", "REMIC", "Securitization", "Securitization Pools", "Servicer", "Servicing Fee", "State", "Synthetic Lease", "Tax and Insurance Escrow Subaccount", "Taxes", "Title Continuation", "Title Insurer" and "UCC".
Property Option Agreement means the option agreement dated December 6, 2017, as amended, between the Issuer and Qualitas Holdings Corp. as Vendor with respect to the Tahsis Property;