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Company Boosts Royalty Percentage & Lease Interest at Nevada Property - Vimarsana News

Company Boosts Royalty Percentage & Lease Interest at Nevada Property

News Update Streetwise Reports  (2/11/21) This deal takes Ely Gold Royalties' interest in the leased mining claims at Hog Ranch to 75.01% and its royalty there to 2.25%. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE) announced in a news release that through its subsidiary Nevada Select Royalty Inc. it agreed to acquire from Platoro West another 25% interest in the Hog Ranch property in Nevada. This transaction will boost Ely's net smelter returns royalty on Hog Ranch to 2.25% from 1.5% and increase its interest in the 247 mining claims there, currently leased to Rex Mine...

Ely Gold Royalties Inc.: Ely Gold Royalties Increases Royalty & Lease Interest in the Hog Ranch Property, Nevada - Vimarsana News

Ely Gold Royalties Inc.: Ely Gold Royalties Increases Royalty & Lease Interest in the Hog Ranch Property, Nevada

Ely Gold Royalties Inc.: Ely Gold Royalties Increases Royalty & Lease Interest in the Hog Ranch Property, Nevada Vancouver, British Columbia--(Newsfile Corp. - February 10, 2021) - Ely Gold Royalties Inc. ( TSXV: ELY) Ely Gold"), it has entered into a binding term sheet (the " Term Sheet") to acquire an additional 25% interest in its Hog Ranch Property (" Hog Ranch") located in Washoe County, Nevada from Platoro West Incorporated, a Nevada Corporation (" Platoro West"). The additional interest in Hog Ranch will increase Ely's current net smelter returns royalty ("NSR") from 1.5% to 2.25% and...