Bullion Royalty Corp. controls a royalty package of 32 North America properties including several deeded royalties totaling over 100,000 acres in Nevada, Wyoming, Oregon and Mexico including Midway Gold Corp.'s Pan and Gold Rock deposits. These properties are predominantly leased out to mineral production, development and exploration companies to provide royalty revenue. In 2012, the royalty portfolio generated $799,762 in revenue and this is expected to increase as key projects begin to come on line. Subsequent royalty revenue is anticipated to experience acceleration as early as 2014 as several of these projects begin to advance towards production.
Americas Bullion’s royalty portfolio, remains unique in the mineral development industry due to the nature of the Gross Production Royalties, which were acquired from the Lyle F. Campbell Trust (LCFT) in 2008 for USD $4.1 mm, that cover specific projects moving towards production, the ability to receive payment in gold or cash and the absence of buy-back provisions affecting any of the royalties
Web page aubullion.com
Shares Issued 153.0 mm Fully Diluted 171.1 mm
Warrants & Options
Warrants 3.75 mm
Stock Options 14.3 mm
3.75 mm exercisable at $1.15 until Sept. 2014
Analyst Coverage
Jennings Capital Inc.
Kwong-Mun Achong Low
Suite 320, 33 Yonge Street
Toronto, ON M5E 1G4
P: 416-304-2198 |
