Talisker Resources Ltd. (CSE:TSK) (OTCQB:TSKFF) is pleased to announce that further to the Company’s press release of November 21, 2019, Talisker has entered into a definitive royalty purchase agreement and royalty agreement with its wholly-owned subsidiary Bralorne Gold Mines Ltd. and Osisko Gold Royalties Ltd for the sale of a 1.2% net smelter returns royalty on all production from the Bralorne Gold Project located in southwestern British Columbia. The transaction under these agreements has been completed and Bralorne has received proceeds in the amount of $6.2 million.
About Talisker Resources Ltd.
Talisker Resources Ltd. is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker’s projects include the Bralorne Gold Complex, an advanced stage project with significant exploration potential from a historical high grade gold producing mine as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early stage Greenfields projects. With its properties comprising 271,132 hectares over 286 claims, three leases and 154 crown grant claims, Talisker is a dominant exploration player in the south central British Columbia. The Company is well funded to advance its aggressive systematic exploration program at its projects.
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We acknowledge the [financial] support of the Government of Canada.