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EMC Sells Springer Tungsten Mine for US$5M, Clearing Path to Focus on Developing Scan
(PR-inside.com) EMC Sells Springer Tungsten Mine for US$5M, Clearing Path to Focus on Developing Scandium Projects in Australia and NorwayReno, Nevada, September 16, 2013 /FSC/ - EMC Metals Corp. (EMC - TSX),(the "Company" or "EMC")announces that it has entered into a binding letter of intent to sell 100% of its interest in the Springer Mining Company, including all related mine, mill and tungsten resource assets ("Springer"), to America's Bullion Royalty Corp. ("AMB"), along with certain other Nevada properties, for US$ 5 million cash. The terms of the sale provide for an immediate and full repayment of a matured US$ 3 million ..
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