The Prospector News

Tintina Announces Execution of Royalty Repurchase Agreement

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Tintina Announces Execution of Royalty Repurchase Agreement

 

 

 

 

 

Tintina Mines Limited (TSX-V: TTS) is pleased to announce that it has entered into a royalty repurchase agreement, with an effective date of March 17, 2022, and signed on March 25, 2022, with Canadian Malartic GP an Ontario general partnership, in which CMGP will exercise its buy-out option to repurchase the 2% net smelter return royalty held by the Company over the Rand property for a total purchase price of $7,000,000 (USD). The exercise of the Buy-Out Option by CMGP is also subject to the terms and conditions of an existing Net Smelter Royalty Agreement between the Company and CMGP.

 

The Royalty Agreement was assigned to the Company by NSR Resources Inc. on April 7, 2020. NSR became a wholly owned subsidiary via a three-cornered amalgamation transaction completed on November 28, 2019 and submitted an application to cease to be a reporting issuer in Quebec, Alberta, British Columbia and Ontario and as of January 6, 2020, NSR ceased to be a reporting issuer in the Reporting Jurisdictions.

 

Posted March 29, 2022

Share this news article

MORE or "UNCATEGORIZED"


Antimony Resources Corp. (ATMY) (K8J0) Reports Massive Antimony Bearing Stibnite - Drills 4.17% Sb over 7.40 meters Including Three Zones of Massive Antimony Bearing Stibnite which returned 28.8% Sb, 21.9% Sb, and 17.9% Sb Respectively

Highlights Assays received High-grade assays returned for Drill H... READ MORE

July 2, 2025

Kenorland Minerals and Auranova Resources Report Drill Results at the South Uchi Project, Ontario; Auranova Completes Initial Earn-in

Kenorland Minerals Ltd. (TSX-V: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) a... READ MORE

July 2, 2025

Wallbridge Exploration Drilling Continues to Intercept High-Grade Gold Mineralization at Martiniere

Wallbridge Mining Company Limited (TSX: WM) (OTCQB:WLBMF) announc... READ MORE

July 2, 2025

ValOre Reports Results from Successful 87 Hole Trado® Auger Drilling Campaign at Pedra Branca, Including 10.0 m at 12.95 g/t 2PGE+Au from Surface

Provides Update on Pedra Branca PGE Project and Strategic Growth ... READ MORE

July 2, 2025

Pasinex Announces 2024 Annual and 2025, Q1 Financial Results

Pasinex Resources Limited (CSE: PSE) (FSE: PNX) announced financi... READ MORE

July 2, 2025

Copyright 2025 The Prospector News