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Vancouver, British Columbia (Newsfile Corp. - February 23, 2021) - Beedie Investments Limited (the Beedie ) has entered into an amended and restated convertible loan agreement dated February 6, 2021 (the Loan Agreement ) with Nova Royalty Corp. ( Nova ) pursuant to which Beedie agreed to loan up to $28.5 million (the Loan Facility ) to Nova to fund acquisitions of new royalties and streams.
The Amended and Restated Loan Agreement amends and restates the terms of the convertible loan agreement dated September 30, 2020 (the
Original Loan Agreement ) between the Acquiror and Nova. The Amended and Restated Loan Agreement and the Original Loan Agreement together provide for:
conversion of the initial advance of $3.5 million (the
Nova Royalty to Increase Taca Taca Royalty Interest to 0.42% and Announces Warrant Expiry Acceleration
TSXV: NOVR Nova Royalty Corp . is pleased to announce that it has entered into royalty purchase agreements with existing shareholders of the Company pursuant to which Nova will acquire a combined, existing 0.18% net smelter return royalty on the Taca Taca copper-gold-molybdenum project in Salta Province of Argentina 100% owned by First Quantum Minerals Ltd. for US$13 million in common shares of Nova and US$3 …
Nova Royalty Corp . (” Nova ” or the ” Company “) is pleased to announce that it has entered into royalty purchase agreements (the ” Purchase Agreements “) with existing shareholders of the Company (the ” Sellers “) pursuant to which Nova will acquire a combined, existing 0.18% net smelter return royalty (” Royalty “) on the Taca Taca copper-gold-molybdenum project in Salta Province of Argentina (” Taca Taca “), 100% owned by First Quantum Minera