Mr. Vincent Metcalfe reports
NOMAD ROYALTY COMPANY ANNOUNCES STRONG 2020 SECOND QUARTER GOLD AND SILVER DELIVERIES
Nomad Royalty Company Ltd. has had preliminary gold and silver deliveries from its royalties, streams and gold loan during the three and six months ended June 30, 2020.
Three months ended June 30 Six months ended June 30
Gold (ounces) 4,136 8,262
Silver (ounces) 56,254 100,216
The gold deliveries during the second quarter and year to date included 2,450 and 4,900 gold ounces, respectively, from its gold loan with Premier Gold Mines. Nomad expects to receive 1,000 gold ounces on a quarterly basis from the Premier gold loan over the next 12 quarters.
As per the vend-in transactions closed on May 27, 2020, Nomad was entitled to payments made in respect of the acquired assets since Jan. 1, 2020. As such, the preliminary gold and silver deliveries detailed herein include payment received on the closing of the vend-in transactions.
About Nomad Royalty Company Ltd.
Nomad Royalty is a gold and silver royalty company that purchases rights to a percentage of the gold or silver produced from a mine for the life of the mine. Nomad owns a portfolio of 10 royalty, stream and gold loan assets, of which five are on currently producing mines. Nomad plans to expand and diversify its low-cost production profile through the acquisition of additional producing and near-term-producing gold and silver streams and royalties.
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