Uncategorized
Nevada Gold Mines Agrees to Sell Royalty Portfolio to Gold Royalty Corp. for Total Consideration of $27.5 Million
Nevada Gold Mines announced that it has entered into a definitive agreement to sell a portfolio of royalties to Gold Royalty Corp. for $27.5 million.
The Portfolio consists of three royalties on the production of minerals from the Granite Creek and Bald Mountain projects located in the State of Nevada. The total consideration of $27.5 million will be satisfied through the issuance by Gold Royalty of 9,393,681 common shares. Upon closing, NGM is expected to hold approximately 7.0% of the issued and outstanding shares of Gold Royalty on a pro forma basis.
About Nevada Gold Mines
Nevada Gold Mines is operated by Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and is a joint venture between Barrick (61.5%) and Newmont (38.5%) that combined their significant assets across Nevada in 2019 to create the single largest gold-producing complex in the world.
Posted September 3, 2022
MORE or "UNCATEGORIZED"
Contango Announces Results for the Quarter Ended March 31, 2026
Contango Silver and Gold Inc. (NYSE-A:CTGO) (TSX: CTGO) announced... READ MORE
May 14, 2026
NevGold Intercepts Consistent Oxide Antimony-Gold Mineralization in All Drillholes From Historic Crushed Leach Pad Including 0.32% Antimony And 0.39 g/t Au Over 14.9 Meters
NevGold Corp. (TSX-V:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleas... READ MORE
May 14, 2026
Guanajuato Silver Accelerates Gold Loan Repayment
Guanajuato Silver Company Ltd. (TSX-V:GSVR) (OTCQX:GSVRF) is plea... READ MORE
May 14, 2026
Aya Gold & Silver Reports Q1-2026 Results with Record Revenue and Cash Flow
Aya Gold & Silver Inc. (TSX: AYA) (NASDAQ: AYA) announced its... READ MORE
May 14, 2026
Sun Summit Acquires 51% Ownership Share in the New Orbit Project, Toodoggone Mining District, B.C.
Sun Summit Minerals Corp. (TSX-V: SMN) (OTCQB: SMREF) is pleased to anno... READ MORE
May 14, 2026
