Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) is pleased to announce that it has entered into an agreement to purchase the 2% net smelter return royalty on the Ladner Gold Project and the 35% net profit interest from the sale of gold by New Carolin Gold Corp. or any third party contracted by New Carolin for that purpose.
Pursuant to the Agreement, Talisker will issue 5,119,170 common shares for the Purchased Royalties. Closing is subject to the receipt of the approval of the Toronto Stock Exchange and is expected to occur promptly following receipt of such approval and before the outside date of September 17, 2021.
About Talisker Resources Ltd.
Talisker 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 producing gold 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 282,403 hectares over 258 claims, three leases and 198 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.