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Mineral and Financial receives scheduled US$1m cash payment from Ascendant Resources

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Mineral and Financial Investments Ltd (LON:MAFL) has received a further US$1mln payment as part of its earn-in agreement with Ascendant Resources Inc (TSE:ASND) in regard to the Lagoa Salgada zinc-lead-copper project in Portugal. “Ascendant Resources have been an outstanding partner, meeting every payment and significantly expanding the project’s size and scope during a challenging time globally,” said Mineral and Financial’s chief executive Jacques Vaillancourt.

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