Latest news from El Capitan
Friday, June 26, 2015
EL CAPITAN PRECIOUS METALS RENEGOTIATES CONTRACT TERMS TO SECURE HIGHER PRICE PER TON FROM CHINESE BUYER
Scottsdale, Arizona –El Capitan Precious Metals, Inc. (OTCQB: ECPN) announced today that it is completing a renegotiated contract for the sale of El Capitan ore to its Hong Kong-based buyer. The most significant point in the revised agreement is an increase in the price per ton that the Chinese buyer will pay for the El Capitan ore. This is based on a higher precious-metals content than previously anticipated in the original contract.