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"
Aura Announces Preliminary Q2 2026 and H1 2026 Production Results
Aura Minerals Inc. (NASDAQ: AUGO) (B3: AURA33) is pleased to anno... READ MORE
July 10, 2026
GR Silver Reports Significant Drill Results at San Marcial: 21.9 m at 168 g/t Ag including 6.15 m at 447 g/t Ag in the SE Area
GR Silver Mining Ltd. (TSX-V: GRSL) (OTCQX: GRSLF) (FRANKF... READ MORE
July 10, 2026
EMPRESS ANNOUNCES ACQUISITION OF NORTH AMERICAN ROYALTY PORTFOLIO
Empress Royalty Corp. (TSX-V: EMPR | OTCQX: EMPYF) is pleased to ... READ MORE
July 10, 2026
JZR Gold Inc. Closes Non-Brokered Private Placement Offering of Units
JZR Gold Inc. (TSX-V: JZR) (OTCPK: JZRIF) is pleased to announce ... READ MORE
July 10, 2026
Colibri Announces Definitive Agreement to Sell Remaining 49% Interest in Pilar for C$3.6 Million While Retaining 1% NSR
Colibri Resource Corporation (TSX-V: CBI) is pleased to announce ... READ MORE
July 10, 2026
