Trident Royalties Plc (AIM: TRR) has, this morning, announced the acquisition of a Net Smelter Royalty (NSR) over the Lincoln Gold Mine, located in California, USA, for a cash payment of US$2.5 million.
The acquisition is Trident's eighth overall since inception of its royalty strategy in June 2020. Including its recently announced debt facility, we estimate that Trident retains capacity of over US$15 million for further acquisitions.
The Lincoln Gold Mine is held by private operator ....
31 Aug 2021
Acquisition of Near Term Paying Gold Royalty
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Acquisition of Near Term Paying Gold Royalty
Trident Royalties Plc (TRR:LON) | 33.8 0 0.0% | Mkt Cap: 98.9m
- Published:
31 Aug 2021 -
Author:
David Butler | Matthias O'Toole-Howes -
Pages:
8
Trident Royalties Plc (AIM: TRR) has, this morning, announced the acquisition of a Net Smelter Royalty (NSR) over the Lincoln Gold Mine, located in California, USA, for a cash payment of US$2.5 million.
The acquisition is Trident's eighth overall since inception of its royalty strategy in June 2020. Including its recently announced debt facility, we estimate that Trident retains capacity of over US$15 million for further acquisitions.
The Lincoln Gold Mine is held by private operator ....