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Posted On: 08/20/2019 11:01:29 AM
Post# of 72741
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Posted By: budfoxfun
$ELYGF The Gold Canyon Property Includes 26 Unpatented Mining Claims of a Past Operating Gold Mine That Produced 41,000 Ounces

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold" is pleased to announce that it has granted its consent for Fremont Gold Corp. (TSXV: FRE) ("Fremont" to sell its option to acquire a 100% interest in the Gold Canyon Claims, located in Eureka County, Nevada (the "Option Agreement" to McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) ("McEwen" . The purchase price paid to Fremont for the Option Agreement, was 300,000 McEwen shares. Ely Gold did not receive any compensation for consenting to the sale. https://finance.yahoo.com/news/ely-gold-royal...00263.html

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