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;

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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.
NTI Property Option Agreement dated June 18, 2003 as between BHP Billiton Diamonds Inc.
The Optionor and The Optionee entered into a Mineral Property Option Agreement dated December 15, 2000 (the "Agreement"), whereby the Optionor granted to the Optionee the exclusive right to acquire an undivided 100% undivided right, title and interest in and to the Nag Lake property located in the Thunder bay Mining District, Ontario, Canada (Claim no.
Further, if Manager enters into a Synthetic Lease pursuant to Section 10.33 of the Loan Agreement or exercises any of its rights under the Equity Option Agreement or the Property Option Agreement, then Manager's obligations shall not terminate but rather shall remain in full force and effect.
Exploration and Property Option Agreement dated May 9, 2002 None Farm-In GOR 1% Belahouro BHP Billiton World Exploration Inc.

More Definitions of Property Option Agreement

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 option agreement dated January 24, 2019 made among the Issuer and the Optionors with respect to the Chu Chua Gold Property.

Property Option Agreement means the agreements between the Company and 9372- 3039 Québec Inc., or such other corporation identified by the Vendors, to be entered into as of Closing, whereby the Purchaser will be granted (i) an exclusive option to acquire the St-▇▇▇▇ Property more fully described in Schedule “B” hereto, for the 3 year period starting on the 3rd anniversary of the Closing Date and ending on the 6th anniversary of the Closing Date, at a price equal to the higher of $5,000,000 and the fair market value of such property at the time of exercise of the option, each on the terms contained in such agreement and in form and substance satisfactory to the Parties to such agreements acting reasonably; and (ii) an exclusive option to acquire the Terrebonne Property more fully described in Schedule “B” hereto, for the 3 year period starting on the 3rd anniversary of the Closing Date and ending on the 6th anniversary of the Closing Date, at a price equal to the higher of $29,000,000 and the fair market value of such properties at the time of exercise of the option, each on the terms contained in such agreement and in form and substance satisfactory to the Parties to such agreements acting reasonably.

Property Option Agreement means the option agreement dated August 14, 2018 between the Corporation and Explorex Resources Inc. with respect to the Silver Dollar Property, as amended on January 21, 2019;

Property Option Agreement means the option agreement dated September 26, 2018 between the Corporation and Metals Creek Resources Corp. as Optionor with respect to the Squid East Property;

Property Option Agreement means the option agreement dated July 8, 2019, made among the Issuer and the Optionors with respect to the Louise Lake Property, as amended.