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Provider: Reuters Investment Profile
Provider: Streetwise Reports
Provider: Streetwise Reports
Provider: Streetwise Reports

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Gold Royalties Corp Agrees To Acquire Iron Horse Royalty

Tuesday, 30 Jul 2013 07:30am EDT 

Gold Royalties Corporation announced that it has executed a definitive agreement dated July 29, 2013 to acquire a new royalty asset in Canada, represented by a 1.0% royalty interest on the mineral claims comprising the Iron Horse project located in Newfoundland's Labrador Trough. The Asset will be acquired from Metals Creek Resources Ltd. for consideration of 1,333,333 common shares of Gold Royalties at a deemed price of $0.45 per Gold Royalties Share. The Iron Horse Royalty constitutes the 13th royalty interest held by Gold Royalties in Canada. Closing of the Transaction, which is expected to occur on or before August 2nd 2013, is subject to approval by the TSX Venture Exchange. 

Company Quote

4 Mar 2015