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Talent Infinity (CSE:TICO) signs LOI to acquire White River (Baihe) Leling Land Property

Mining
CSE:TICO
24 October 2022 09:15 (EDT)

Talent Infinity Resource Developments (TICO) has signed a conditional letter of intent (LOI).

The LOI is for an assignment option to acquire a 100-per-cent interest in and the commercialization and development rights in the White River (Baihe) Leling Land Deed.

The property covers approximately 183,459 square metres.

Its uniqueness lies in the fact that a wide range of commercialization opportunities and licences for a variety of land uses are allowed on the property.

“On behalf of the company, we are grateful for the efforts of Grand Master Yin Liang for his guidance and assistance in securing the White River (Baihe) Leling Land Deed option and providing this unique land opportunity,” stated Derrick Gaon, CEO.

The management of the company intends to evaluate and perform its due diligence on the potential of the property. It will provide a further update in the event the company will be able to develop a plan for commercializing and utilizing the property in its business.

Talent Infinity Resource Developments Inc. is a mineral exploration company focused on the acquisition, exploration and development of critical mineral properties.

Talent Infinity Resource Developments Inc. opened trading at $1.20 per share.


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