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EMC Makes First Settlement Payment on Nyngan Scandium Project, Controls 100% of Proje
(PR-inside.com) Reno, Nevada US, June 27, 2013 /FSC/ - EMC Metals Corp. (EMC - TSX), (the "Company" or "EMC") announces that it has made an A$1.2M cash payment to Jervois Mining Limited ("Jervois") this week, pursuant to the agreed settlement to its dispute with Jervois in relation to the Nyngan Scandium project in NSW, Australia. The terms of the February 2013 settlement transfer 100% ownership and control of the Nyngan Scandium project to EMC, in return for two cash payments and a percentage royalty payable to Jervois on sales of product from the project. The second and final cash payment of ..
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