Newmont Paid A Premium To Invest In This Junior, Here’s Why

Newmont has bought a 5% stake in Evrim Resources, signaling the major miner’s confidence in this junior’s exploration projects, this according to Charles Funk, VP of exploration at Evrim Resources.
“Newmont just came on board for a 5% placement in Evrim. They did it at a 40% premium to market so obviously they think there’s serious potential,” Funk told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek.
Funk noted that Evrim may be sitting on a multi-million ounce deposit. (show less)

Newmont has bought a 5% stake in Evrim Resources, signaling the major miner’s confidence in this junior’s exploration projects, this according to Charles Funk, VP of exploration at Evrim Resources.
“Newmont just came on board for a 5% placement in Evrim. They did it at a 40% premium to market so obviously they think there’s serious potential,” Funk told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek.
Funk noted that Evrim may be ... (read more)

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