Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Beaufield Resources Inc. (TSX VENTURE:BFD) is pleased to announce that Actus Minerals Corp. (TSX VENTURE:AAC) has received Exchange acceptance to its option agreement with Beaufield. Under the finalized terms of the agreement, for Actus to acquire a 50% interest of the Casa Berardi project, it must issue an aggregate of 1,250,000 of its common shares to Beaufield and expend $650,000 of exploration work over a three year period. The Company has issued 300,000 common shares to Beaufield pursuant to the terms of the agreement.
