HomeMarket NewsMiningGold Royalty, Taurus Mining Royalty enter three-year co-investment partnership

Gold Royalty, Taurus Mining Royalty enter three-year co-investment partnership

Actionable Trade Ideas

always free

The agreement provides a framework for cooperation and communication amongst the parties in the identification and evaluation of potential co-investment opportunities, a statement from Gold Royalty said.

Each party will have the right to invest between 25% and 50% in select asset transactions with a value of $30 million or more, the royalty firm said, adding that future dispositions of interests acquired by either party through this arrangement will be subject to rights of first offer.

John Griffith, chief development officer of Gold Royalty, said this agreement would offer the company an enhanced access to new and complementary geographic regions.

Gold Royalty currently holds a diversified portfolio consisting primarily of net smelter return royalties on properties located in the Americas.

These include the Canadian Malartic, one of Canada’s largest operating gold mines, and the REN project, which is an underground extension to the largest US gold mine, the GoldstrikeΒ in Nevada.

;libID=4027608
blank

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.