Peterson Law acts for Superior Copper Corporation in buy-out of Joint Venture Partner and Termination of Royalty

On December 17, 2013, Superior Copper Corporation (“Superior Copper”) acquired its joint venture partner’s 50% interest in mining claims at its Coppercorp Property near Sault Ste. Marie, Ontario, terminating the joint venture. On December 20, 2013, Superior Copper repurchased a 1.5% net smelter royalty that was previously applicable to certain claims at the Coppercorp Property.


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