For those interested - Abitibi Royalties Announces Proposed Change of Business
Someone at Abitibi must be On The Ball.
The real reason for the post is to Highlight :
The Company’s current investments consist of:
444,197 common shares of Agnico Eagle Mines Limited
3,549,695 common shares of Yamana Gold Inc.
Approximately $1.7 million in cash (as of September 30, 2015)
A 2% net smelter royalty (“NSR”) on the Gouldie and Charlie zones at the Canadian Malartic mine.
A 3% NSR on the Malartic CHL property, which includes the eastern portion of the Barnat Extension,
Jeffrey zone
and the North Odyssey discovery at the Canadian Malartic mine.
THE KICKER GeZZ  -JW-
Ten other NSRs, with varying interests, near existing mining operations have either been acquired or agreed to be acquired,
which include royalties surrounding or near
Agnico Eagle and Yamana’s Canadian Malartic mine in Québec,
Agnico Eagle’s Lapa mine in Québec,
Alamos Gold’s Young-Davidson mine in Ontario,
Eldorado’s Efemcukuru mine in Turkey,
Goldcorp’s Red Lake mine in Ontario,
Hudbay’s 777 mine in Manitoba,
Metanor Resources Bachelor mine in Québec
and New Gold’s Rainy River mine in Ontario. |
