05:23:24 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Tristar Gold Inc
Symbol TSG
Shares Issued 178,754,440
Close 2019-08-08 C$ 0.17
Market Cap C$ 30,388,255
Recent Sedar Documents

Tristar Gold, Royal Gold royalty agreement

2019-08-08 16:31 ET - Property Agreement

The TSX Venture Exchange has accepted for filing a royalty agreement dated Aug. 2, 2019, between a subsidiary of Tristar Gold Inc. and a subsidiary of Royal Gold Inc., pursuant to which the company has granted Royal Gold up to a 1.5-per-cent net smelter return (NSR) royalty on Tristar's Castelo de Sonhos project, Brazil, for total consideration of $7.5-million (U.S.).

Pursuant to the agreement, Tristar will grant to Royal Gold up to 19.64 million common share purchase warrants (incrementally granted in accordance with the financing schedule). Each common share purchase warrant will have an exercise price of 25 cents for a period of five years.

Insider/pro group participation:  not applicable

Please refer to the company's news releases dated May 28, 2019, and Aug. 6, 2019, for further information.

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