Ely Gold Royalties Inc.: Ely Gold Royalties Announces Closing of Trenton Canyon Royalty Interest
Ely Gold Royalties Inc.
Ely Gold or the
Nevada Select ) has signed a definitive agreement to purchase from a private individual (the
Seller ), a 0.3% gross royalty, representing the Seller s 50% interest (the
Seller s Interest ) in a total 0.6% gross royalty (the
Trenton Canyon
Royalty ). The terms provided in the definitive agreements have been amended from the terms the Company announced in a press release dated October 13, 2020 (the
Amended
TSXV ) (the
The Amended Transaction
Ely Gold will pay the Seller total consideration of US$325,000 (originally $US$300,000) to be comprised of US$175,000 in cash at signing and US$150,000 in cash to be paid on January 15, 2021 (the
Ely Gold Royalties (TSXV: ELY, OTCQX: ELYGF) Announces Closing of Trenton Canyon Royalty Interest
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Vancouver, British Columbia (Newsfile Corp. - December 22, 2020) -
Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ( Ely Gold or the Company is pleased to announce that through its wholly-owned subsidiary, Nevada Select Royalty Inc (collectively
Ely Gold ), that it has entered into a binding term sheet (the
Term Sheet ) to acquire a two percent (2%) net smelter returns royalty (
NSR ) from a private third-party on three unpatented mining claims located within the Lincoln Hill Property in Pershing County, Nevada (the Raven Royalty ). The Term Sheet is subject to final approval of the TSX Venture Exchange (the
Closing ) and waiver of a right of first refusal (
Ely Gold Royalties Inc.: Ely Gold Obtains Reporting Issuer Status in Ontario
Vancouver, British Columbia (Newsfile Corp. - December 21, 2020) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ( Ely Gold or the Company ) today announced that the Ontario Securities Commission has issued an order accepting the Company as a reporting issuer for the purposes of Ontario securities law. The British Columbia Securities Commission will continue to be Ely Gold s principal regulator.
About Ely Gold Royalties Inc. Ely Gold Royalties Inc. is a Vancouver-based, emerging royalty company with development assets focused in Nevada and Quebec. Its current portfolio includes 36 Deeded Royalties and 22 properties optioned to third parties. Ely Gold s royalty portfolio includes producing royalties, fully permitted mines and development projects that are at or near producing mines. The Company is actively seeking opportunities to purchase existing third-party royalties for its portfolio and all t
Ely Gold Royalties Inc.: Ely Gold Royalties Coté Gold Project Royalty
Vancouver, British Columbia (Newsfile Corp. - December 11, 2020) - Ely Gold Royalties Inc.
(TSXV: ELY) (OTCQX: ELYGF) (
Ely Gold or the
th, the purchase of the Watershed Royalty from Sanatana Resources Inc.
(TSXV: STA) (
Sanatana ) is still subject to final approval from the TSX Venture Exchange.
The Watershed Royalty, a 1% net smelter returns royalty that was granted to Sanatana in connection with an Asset Purchase Agreement between the Company and Trelawney Augen Acquisition Corp., now IAMGOLD Corporation (
IAMGOLD ), dated January 12, 2016, (the
Purchase Agreement ) whereby IAMGOLD acquired a 100% interest in 46 mining claims in Chester and Yeo Counties, Ontario (the
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