#stevengoldman

Comstock Metals sells its QV property to White Gold

Comstock Metals (CSL.V) has reached an agreement with Yukon-focused White Gold Corp (WGO.V)to sell its QV gold property to the latter. White Gold will pay C$375,000 in cash and issue 1.5 million new shares to Comstock Metals, which gives this deal a total value of approximately C$2.6M using a share price of C$1.5 for White Gold. On top of the cash and stock payment, Comstock Metals will also…