Royalty North Announces Repayment of Loan from Advance Wire Products Ltd.
Royalty North Announces Repayment of Loan from Advance Wire Products Ltd.
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2022) - Royalty North Partners Ltd. (TSXV: RNP) ("RNP" or the "Company") announces that further to its press release on June 16, 2022 it has received a payment of $5,546,637 (the "Initial Payment") from Advance Wire Products Ltd ("AWP") as repayment of the Loan Agreement between AWP and RNP as entered into on August 24, 2017, and as amended by subsequent amending agreements (the "Loan Agreement'). A further $453,360 is to be paid in 24 equal monthly installments commencing on September 1, 2022.
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2022年8月3日)-Royalty North Partners Ltd.(TSXV：RNP)(“RNP“或”公司“)宣布，继2022年6月16日的新闻稿后，它已收到5,546,637美元(”首期付款“)来自Advance Wire Products Ltd(”AWP)偿还AWP和RNP之间于2017年8月24日签订并经随后的修订协议修订的贷款协议(贷款协议‘)。另外453,360元将由2022年9月1日开始，分24个月平均支付。
Having made the Initial Payment, AWP has no more obligations under the Loan Agreement and RNP has no more rights to payments pursuant to the Loan Agreement.
在支付首期付款后，AWP根据贷款协议不再有义务，RNP根据贷款协议不再有权获得付款。
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 previously announced reverse take-over transaction with Sandstorm Gold Ltd. For further details, please see the Company's press releases dated February 17, 2022 and May 2, 2022, May 26, 2022, June 1, 2022 and July 26, 2022.
RNP的普通股目前暂停交易，预计在完成之前宣布的与沙尘暴黄金有限公司的反向收购交易之前，RNP的普通股将不会恢复交易。有关详细信息，请参阅公司于2022年2月17日和2022年5月2日、2022年5月26日、2022年6月1日和2022年7月26日发布的新闻稿。
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
To view the source version of this press release, please visit
要查看本新闻稿的源版本，请访问