October 19, 2016 / 8:52 PM / a year ago

BRIEF-Big North signs agreement to acquire Duncan Kerr Cobalt Project

Oct 19 (Reuters) - Big North Graphite Corp

* Announces signing of definitive agreement for acquisition of Duncan Kerr Cobalt Project and change of name to Cobaltech Mining Inc

* Big North will issue to trio 8.5 million common shares in capital of company at a deemed price of $0.15 per payment share

* Says will pay trio certain cash consideration which is payable over a period of 24 months from closing of acquisition Source text for Eikon: Further company coverage:

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