What you need to know: • Trigon provided an update on the previously proposed acquisition of the Kombat Mine by Horizon Corporation.
• Subject to final negotiation and approvals, the acquisition will consist of $30M plus between $10-20M in additional payments based on specific operational milestones.
• TM also announced it has signed a binding loan agreement with Horizon for up to $5M to allow for the project to continue to advance.
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