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Ely Gold Royalties Inc.: Ely Gold Royalties Coté Gold Project Royalty


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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