Hornby Bay Receipt of Payment from Royalty Sale
Hornby Bay Mineral Exploration Ltd. announces that it has received payment of $2,500,000 from Copper Mountain Mine Ltd., representing the balance of the $5,000,000 purchase price from the sale of the Company’s 5% net smelter return royalty on the Copper Mountain mine located in southern British Columbia near the town of Princeton.In addition, further to its press releases of December 3, 2020 and January 6, 2021, …
Hornby Bay Mineral Exploration Ltd. (TSXV: HBE) (the “Company”) announces that it has received payment of $2,500,000 from Copper Mountain Mine (BC) Ltd., representing the balance of the $5,000,000 purchase price from the sale of the Company’s 5% net smelter return royalty on the Copper Mountain mine located in southern British Columbia near the town of Princeton.