TSX:ORMetals and Mining
How Investors May Respond To OR Royalties (TSX:OR) Expanding Its Bathurst Precious Metals Streaming Deal
Earlier this week, Canadian Copper closed a precious metals stream and equity subscription of up to C$43,830,000 with OR Royalties, including a C$7,020,000 upfront stream deposit and a C$5,480,000 equity investment at a premium price to support development of the Bathurst Complex in New Brunswick.
This deal adds a long-term stream on 20% of the Bathurst Complex’s payable silver and gold for OR Royalties, reinforcing its role as a major financier of future precious metal production through...