Northern Dynasty Reports It Has Received The Remaining $10M Royalty Payment Under The Second Tranche Of The Company's Royalty Agreement Dated July 26, 2022
Northern Dynasty Reports It Has Received The Remaining $10M Royalty Payment Under The Second Tranche Of The Company's Royalty Agreement Dated July 26, 2022
Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE:NAK) ("Northern Dynasty" or the "Company") reports it has received the remaining $10 million royalty payment under the second tranche of the Company's royalty agreement dated July 26, 2022 (the "Royalty Agreement') and the amended Royalty Agreement (the "Amendment") dated November 13, 2023. All currency figures are U.S. dollars.
Northern Dynasty Minerals(北方王朝矿业股份有限公司)(TSX: NDM)(纽交所: NAK)称已收到公司特许权协议第二批次路费协议(“特许权协议”)和修订过的特许权协议(“修订协议”)于2022年7月26日及2023年11月13日签署，剩余的1000万美元货币支付。所有货币均为美元。
Under the Amendment, the royalty investor (the "Royalty Holder") received the right to fund the second $12 million tranche in six equal installments of $2 million in exchange for the right to receive approximately 0.33% of the payable gold production and 1% of the payable silver production from the Pebble Project per each additional payment installment made (representing 1/6 of the aggregate royalty under the second tranche). Northern Dynasty received the first $2 million upon execution of the Amendment, as reported in the Company's November 13, 2023 news release.
根据修订协议，版税投资者（“版税持有人”）有权以每个额外付款的六个相等分期向公司提供200万美元以交换从Pebble项目中收到约0.33%的应付黄金产量和1%的应付白银产量的权利（代表第二笔分期款的总版税的1/6）。北方王朝已在修订协议签署后收到了首笔200万美元，正如公司2023年11月13日的新闻发布所报告的那样。