Aura Resources (TSXV: AUU) entered into a definitive amalgamation agreement for the acquisition of Territory Metals, an unlisted private company located in British Columbia, western Canada.
In a press release, Aura explained that its interest in Territory lies on the company’s Tip Top gold project located in Nevada, USA.
Tip Top is subject to an agreement of purchase and sale whereby Territory has a right to acquire a 100% interest in the project.