Sudbury Platinum finalizes Aer-Kidd deal

Aug 25, 2014 | 05:10 PM | Rey Mashayekhi

Tags  Sudbury Platinum, SPC, Aer-Kidd project, nickel, copper, platinum group metals, Royal Nickel, RNC CaNickel Mining

NEW YORK — Sudbury Platinum Corp. (SPC) has closed its acquisition of a 100-percent interest in the mining rights to the Aer-Kidd nickel-copper-platinum group metals project in Ontario’s Sudbury Basin for Canadian $1.25 million ($1.14 million).

The deal, announced earlier this month (amm.com, Aug. 12), sees SPC acquire the mineral rights to the project from Vancouver, British Columbia-based CaNickel Mining Ltd., as well as an "option to purchase 100 percent of the property surface rights from the Greater City....





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