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Arizona Sonoran and Nuton Terminate Option to Joint Venture on the Cactus Project
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Arizona Sonoran and Nuton Terminate Option to Joint Venture on the Cactus Project
CASA GRANDE, Ariz. & TORONTO -- Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) today announces that ASCU and Nuton LLC (“Nuton”), a Rio Tinto Venture, have mutually agreed to the early termination of the Option to Joint Venture (“OTJV”) on the Cactus Project, as well as the termination of Nuton’s investor rights agreement with the Company, effective immediately.
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