Kerr Mines Inc.

0.15

Canada & Ontario Toronto

365 Bay Street, Suite 400

+1 416 855-9300

kerrmines.com

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Company Press Releases

Kerr Mines sells remaining Northern Ontario land package, bolsters shareholder value

TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX:KER) (OTC:KERMF) (FRA:7AZ1) (“Kerr” or the “Company”) is pleased to announce that the Company has divested all of its interest in the McGarry Mine and Barber-Larder Properties (collectively “McGarry”) to  McGarry-Larder Mines Inc., a wholly owned subsidiary of Orefinders Resources Inc, (TSX-V:ORX) (“Orefinders”).   Kerr shall receive 8,000,000 common shares, approximately 9.0%, of Orefinders outstanding share capital, in addition, the Company will receive...

Kerr Mines announces US$27.6 million project financing and makes positive production decision

TORONTO, July 18, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX:KER) (OTC:KERMF) (FRA:7AZ1) (“Kerr” or the “Company”) is pleased to announce that it has signed a Letter of Intent with Pandion Mine Finance, LLC (“Pandion”) for US$27.6 million to fund the development and production of gold at the Copperstone Mine by Q4 2019. The financing is subject to the execution of a Prepaid Forward Gold Agreement (the “Agreement”), with an anticipated initial tranche of US$19.6 million targeted for August 2018 and a second tranche of US$8 million...

Kerr Mines announces US$27.6 million project financing and makes positive production decision

TORONTO, July 18, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX:KER) (OTC:KERMF) (FRA:7AZ1) (“Kerr” or the “Company”) is pleased to announce that it has signed a Letter of Intent with Pandion Mine Finance, LLC (“Pandion”) for US$27.6 million to fund the development and production of gold at the Copperstone Mine by Q4 2019. The financing is subject to the execution of a Prepaid Forward Gold Agreement (the “Agreement”), with an anticipated initial tranche of US$19.6 million targeted for August 2018 and a second tranche of US$8 million...

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