poration“) (OR: TSX & NYSE) is pleased to announce that it has concluded a transaction with Barrick TZ Limited, a subsidiary of Barrick Gold Corporation (“Barrick“), to acquire the following royalties for total cash consideration of US$11,750,000:
- a 2% NSR royalty on the AfriOre and Gold Rim licenses comprising the West Kenya project operated by Shanta Gold Limited (“Shanta Gold“);
- a 1% NSR royalty on the Frontier project operated by Metalor SA, a private company; and
- a 1% NSR royalty on the Central Houndé project operated by Thor Explorations Ltd. (“Thor“)
