Kutcho Copper Completes Royalty Buy Back and Terminates Offtake ROFR
December 22, 2021 at 08:00 am EST
Kutcho Copper Corp. announced, as described in the release dated July 6th, 2021, it has completed the buy back of the royalty held by Sumac Mines (now Sumitomo Metal Mining Canada) (the Sumac Royalty) and has terminated Sumacs Right of First Refusal to purchase concentrates (the Sumac ROFR) from the Kutcho copper-zinc project, both of which rights were granted under an Acquisition Agreement between Sumac Mines Ltd. and Western Keltic Mines Inc. dated August 29, 2003.