$ELYGF .2103 +3.60% will retain a 1% net smelter r
Post# of 23602
(Total Views: 87)
Posted On: 07/26/2019 1:40:56 PM
$ELYGF .2103 +3.60% will retain a 1% net smelter royalty on 76 core claims & a 0.75% royalty on the 2 leased claims. There is no buy down provision to the royalties.
The transaction & the issuance of Contact Gold's common shares pursuant to the Purchase Option Agreement are subject to acceptance by the TSXV.
Trey Wasser, Ely Gold's President & CEO commented, "We are pleased to add another high-quality exploration partner to our option portfolio. With the recent strength in gold prices and gold stocks, this will be an excellent asset addition to our equity portfolio."
https://www.wsj.com/articles/PR-CO-20190724-909637
The transaction & the issuance of Contact Gold's common shares pursuant to the Purchase Option Agreement are subject to acceptance by the TSXV.
Trey Wasser, Ely Gold's President & CEO commented, "We are pleased to add another high-quality exploration partner to our option portfolio. With the recent strength in gold prices and gold stocks, this will be an excellent asset addition to our equity portfolio."
https://www.wsj.com/articles/PR-CO-20190724-909637
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1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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