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"
Radisson Announces Closing of Brokered Financing for $25 Million
Radisson Mining Resources Inc. (TSX-V: RDS) (OTCQX: RMRDF) is ple... READ MORE
October 7, 2025
ARIS MINING DELIVERS 25% PRODUCTION GROWTH IN Q3 2025
Aris Mining Corporation (TSX: ARIS) (NYSE-A: ARMN) reports gold p... READ MORE
October 7, 2025
Canadian North Resources Inc. Reports Extraction Rates of 99% Nickel, 98% Cobalt and 90.6% Copper in the Second Set of Bioleaching Tests for the Ferguson Lake Project in Canada
Highlights: High metal extractions with 99% Ni, 98% Co and 90.6% ... READ MORE
October 7, 2025
COPPER GIANT DEFINES THIRD HIGH-GRADE PORPHYRY CORE AT MOCOA AND CONFIRMS NORTHERN EXTENSION OF BRECCIA CORRIDOR
Mocoa now hosts three distinct high-grade cores, all open at dept... READ MORE
October 7, 2025
1911 Gold Intersects 12.69 g/t Au over 2.40 m on SAM Southeast and Discovers New Zone at True North Gold Project
1911 Gold Corporation (TSX-V: AUMB) (OTCQB: AUMBF) (FRA: 2KY) is ... READ MORE
October 7, 2025
