Mr. Vincent Metcalfe reports
NOMAD CLOSES TROILUS ROYALTY ACQUISITION
Further to the news release dated July 27, 2020, Nomad Royalty Company Ltd. has completed the acquisition from a private vendor of an existing net smelter return royalty on the Troilus gold project located in Quebec, Canada. Consideration consisted of $1.9-million (U.S.) ($2.5-million) in cash and 5,769,231 units of the company (each unit consisting of one common share and one-half of one common share purchase warrant), as further detailed in the prior news release.
About Nomad Royalty Company Ltd.
Nomad Royalty Company 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.
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