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(北方王朝礦業股份有限公司)(TSX: NDM)(紐交所: NAK)稱已收到公司特許權協議第二批次路費協議(“特許權協議”)和修訂過的特許權協議(“修訂協議”)於2022年7月26日及2023年11月13日簽署，剩餘的1000萬美元貨幣支付。所有貨幣均爲美元。
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.
根據修訂協議，版稅投資者（“版稅持有人”）有權以每個額外付款的六個相等分期向公司提供200萬美元以交換從Pebble項目中收到約0.33%的應付黃金產量和1%的應付白銀產量的權利（代表第二筆分期款的總版稅的1/6）。北方王朝已在修訂協議簽署後收到了首筆200萬美元，正如公司2023年11月13日的新聞發佈所報告的那樣。