FOR SALE BY TENDER
Sealed, written tenders for the property will be received by:
MEIGHEN HADDAD LLP, 110-11th Street, Brandon, MB R7A 4J4 Attention: W. Bryan Webber
Property:
NE 1/4 25-5-22 WPM
EXC ALL MINES AND MINERALS AS SET FORTH IN TRANSFER NOS 42642 BO DIV
AND 1128127
Conditions of Tender:
1. Tenders must be received on or before 5:00 p.m. on August 8, 2024.
2. All persons submitting a tender shall rely on their personal knowledge and inspection of the property. The land is tendered on an "as is" basis. The Vendor makes no representation or warranty regarding the condition, suitable use, size, or zoning of the land.
3. The highest or any tender not necessarily accepted.
4. Each tender must be accompanied by a cheque, payable to Meighen Haddad LLP, representing 10% of the tendered purchase price. All unsuccessful bidders shall have their tender cheques returned following the close of tenders.
Terms and Conditions of Sale:
1. The bidder whose tender is accepted will be required to complete an agreement covering terms and conditions of sale, in the Vendor's standard form.
2. In addition to the deposit, the balance of the accepted tender is due and payable on the date of closing which shall be November 1, 2024, or evidence provided that the purchase funds will be available under conditions acceptable to the Vendor. If the balance of the accepted tender is not paid within the set time limit the deposit paid will be forfeited as liquidated damages and not as a penalty.
3. Possession is not authorized until acceptable arrangements for full payment are made following acceptance of tender.
4. All mines and minerals will be reserved from any transfer.
5. The 2024 property taxes shall be adjusted for as of November 1, 2024. All other taxes including GST and Land Transfer Tax (if applicable) shall be the responsibility of the Purchaser. Each of the Vendor and Purchaser shall be responsible for their own legal fees to complete the sale.
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