Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: What could Magpie process license agreement(s) be worth?

Normally I don't think that Foreign ownership would be an issue uncless the company had a MCAP of $500million+ (p. 7 of document)

http://www.gowlings.com/knowledgecentre/publicationpdfs/guide%20to%20canadian%20ma%20for%20chinese%20acquirers.pdf

"The Company is also looking into the possibility of federal government grants with respect to further development of the process which under current criteria can be considered "green". "

One could imagine that this however might confer/impose an exemption to the usual rules

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