May 1, 2019
Ely Gold Royalties acquires 1% NSR on Lincoln Hill
Ely Gold Royalties acquires 1% NSR on Lincoln Hill
Ely Gold Royalties (ELY.V) has entered into a binding agreement with a third party to acquire a 1% Net Smelter Royalty on the Lincoln Hill property for $750,000 in cash (we are assuming this is in US Dollars considering the warrant price has been fixed at ‘CAN’$0.17) of which $400,000 is payable at closing while the second tranche of $350,000 will be payable on January 10th, 2020 but could be…
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