Trident Royalties Plc (AIM: TRR) has announced that it has acquired a gold offtake over the Sugar Zone Mine in Canada, owned and operated by Silver Lake Resources Limited (ASX: SLR, market cap US$1.5 billion). Trident acquired the offtake from Orion Resource Partners for a US$3.75 million consideration in Trident shares, issued at the 10-day VWAP of 51.43p/ share. This latest acquisition means Trident now holds 11 cash flowing assets.
21 Mar 2022
Offtake Acquired Over Sugar Zone Mine
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Offtake Acquired Over Sugar Zone Mine
Trident Royalties Plc (TRR:LON) | 33.8 0 0.0% | Mkt Cap: 98.9m
- Published:
21 Mar 2022 -
Author:
David Butler -
Pages:
4
Trident Royalties Plc (AIM: TRR) has announced that it has acquired a gold offtake over the Sugar Zone Mine in Canada, owned and operated by Silver Lake Resources Limited (ASX: SLR, market cap US$1.5 billion). Trident acquired the offtake from Orion Resource Partners for a US$3.75 million consideration in Trident shares, issued at the 10-day VWAP of 51.43p/ share. This latest acquisition means Trident now holds 11 cash flowing assets.