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"
200m+ Gold Intercepts Support Glenburgh's Emergence as a Major Gold System
Bulk open pit potential emerging at Icon / Apollo Trend HIGHLI... READ MORE
August 4, 2025
CENTURY LITHIUM CLOSES FIRST TRANCHE OF LIFE OFFERING
Century Lithium Corp. (TSX-V: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z... READ MORE
August 1, 2025
Newmont Corporation Announces Sale of Holdings of Orosur Mining Inc.
Newmont Corporation (NYSE: NEM) (TSX: NGT) (ASX: NEM) (PNGX: NEM)... READ MORE
August 1, 2025
Sirios Closes Second and Final Tranche of Private Placement for a Cumulative Total of $2,500,000
SIRIOS RESOURCES INC. (TSX-V: SOI) announces that it has closed t... READ MORE
August 1, 2025
Eldorado Gold Reports Strong Q2 2025 Financial and Operational Results; Maintains 2025 Production Guidance; Skouries On Track for Q1 2026
Eldorado Gold Corporation (TSX: ELD) (NYSE: EGO) reports the Co... READ MORE
August 1, 2025
