Mississauga, ON -- (SBWire) -- 09/17/2018 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Typhoon Announces LOI to Acquire 100% of the Fayolle Project From Hecla Quebec."
Companies mentioned in this article include Typhoon Exploration Inc. (TSX-Venture:TYP) and Hecla Mining Company (NYSE:HL).
Article Excerpt:
Junior-miner Typhoon Exploration Inc. (TSX-Venture:TYP) was in the news today as the company announced the signature of a letter of intent (LOI) with Hecla Quebec Inc., an affiliated company of Hecla Mining Company (NYSE:HL).
Under the terms of the LOI, Typhoon agreed to buy Hecla's 50% interest in the Fayolle property, as well as any and all the equipment, buildings and structures located on the Fayolle property, for $3,000,000 CDN and a 1% Net Smelter Return Royalty (NSR) in favour of Hecla with the payment coming due on or before December 10, 2018.
The full version of this article can be found at:
https://www.allpennystocks.com/aps_us/special-reports/980/typhoon-announces-loi-to-acquire-100-of-the-fayolle-project-from-hecla-quebec.htm
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All Penny Stocks.com News: Typhoon Announces LOI to Acquire 100% of the Fayolle Project from Hecla Quebec