Royalty North Announces Closing of Entree Share Purchase
Royalty North Announces Closing of Entree Share Purchase
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2022) - Royalty North Partners Ltd. (TSXV: RNP) ("RNP" or the "Company") announces that it has closed its previously announced transaction (the "Entrée Share Purchase") with Sandstorm Gold Ltd. ("Sandstorm") whereby it acquired an approximately 25.2% stake in Entrée Resources Ltd. ("Entrée").
温哥华,不列颠哥伦比亚省-(Newsfile Corp.-2022年6月1日)-Royalty North Partners Ltd.(TSXV:RNP)(“RNP“或”公司“)宣布已完成先前宣布的交易(”入股申购“)与沙尘暴黄金有限公司(”沙尘暴“),收购了Entrée Resources Ltd.约25.2%的股份(”主菜").
Pursuant to the Entrée Share Purchase, RNP acquired, through its wholly-owned subsidiary, 1363013 B.C. Ltd., 49,672,515 common shares in the capital of Entrée (the "Entrée Shares") from Sandstorm for a deemed value of C$0.87 per Entrée Share, in consideration for a promissory note in the principal amount of C$43.2 million. The promissory note is secured by a security interest over the Entrée Shares sold to RNP. The Entrée Share Purchase was completed in connection with RNP's previously announced reverse takeover transaction (the "RTO Transaction") with Sandstorm whereby RNP will acquire certain copper-gold assets from Sandstorm, repositioning RNP as a high-growth copper mining company.
根据Entrée股份购买,RNP通过其全资子公司1363013 B.C.Ltd.收购了Entrée资本中的49,672,515股普通股。Entrée股份从沙尘暴以每股0.87加元的价格购买,作为本金4320万加元的本票的对价。本票由出售给RNP的Entrée股票的担保权益担保。Entrée股票的购买与RNP之前宣布的反向收购交易(TheRTO 交易记录“)与沙尘暴合作,RNP将从沙尘暴收购某些铜金资产,将RNP重新定位为一家高增长的铜矿公司。
For further details regarding the Entrée Share Purchase, please refer to the Company's press release dated May 26, 2022. Please also see RNP's news releases dated February 17, 2022 and May 2, 2022 for additional information on the RTO Transaction.
关于Entrée股份购买的进一步细节,请参阅公司于2022年5月26日发布的新闻稿。另请参阅RNP于2022年2月17日和2022年5月2日发布的新闻稿,了解有关RTO交易的更多信息。
Trading in the common shares of RNP is currently halted and it is not anticipated that trading in the common shares of RNP will resume prior to completion of the RTO Transaction.
RNP的普通股目前暂停交易,预计RNP的普通股将不会在RTO交易完成之前恢复交易。
For more information about Royalty North Partners Ltd., please contact:
欲了解有关Royalty North Partners Ltd.的更多信息,请联系:
Victoria McMillan
Chief Financial Officer
维多利亚·麦克米兰
首席财务官
Phone: (604) 628-1033
电话:(604)628-1033
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept responsibility for the adequacy or accuracy of this release.
TSXV及其监管服务提供商(该术语在TSXV的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
不得在美国境内传播或分发给美国通讯社
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