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All Penny Stocks.com News: Typhoon Announces LOI to Acquire 100% of the Fayolle Project from Hecla Quebec

Via: ReleaseWire

Updated 1:46 PM CDT, Mon, September 17,2018

Mississauga, ON -- (SBWIRE) -- 09/17/2018 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Typhoon Announces LOI to Acquire 100% of the Fayolle Project From Hecla Quebec."

Companies mentioned in this article include Typhoon Exploration Inc. (TSX-Venture:TYP) and Hecla Mining Company (NYSE:HL).

Article Excerpt:

Junior-miner Typhoon Exploration Inc. (TSX-Venture:TYP) was in the news today as the company announced the signature of a letter of intent (LOI) with Hecla Quebec Inc., an affiliated company of Hecla Mining Company (NYSE:HL).

Under the terms of the LOI, Typhoon agreed to buy Hecla's 50% interest in the Fayolle property, as well as any and all the equipment, buildings and structures located on the Fayolle property, for $3,000,000 CDN and a 1% Net Smelter Return Royalty (NSR) in favour of Hecla with the payment coming due on or before December 10, 2018.

The full version of this article can be found at:
https://www.allpennystocks.com/aps_us/special-reports/980/typhoon-announces-loi-to-acquire-100-of-the-fayolle-project-from-hecla-quebec.htm

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AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
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Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.

For more information on this press release visit:
http://www.sbwire.com/press-releases/all-penny-stockscom-news-typhoon-announces-loi-to-acquire-100-of-the-fayolle-project-from-hecla-quebec-1049230.htm

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