BRIEF-Jaguar signs earn-in agreement to sell Gurupi project to Avanco resources

Tue Oct 4, 2016 6:07pm EDT
 
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Oct 4 (Reuters) - Jaguar

* Signs earn-in agreement to sell Gurupi project to Avanco resources

* Agreement provides Avanco with right to earn 20 percent of Jaguar's interest in project

* Agreement provides Avanco will pay an cash fee of US$1.7 million plus an additional fee of $500,000 in cash or shares of Avanco

* Says pursuant to agreement Avanco may earn up to a 100 percent interest in Gurupi project Source text for Eikon: Further company coverage: