Business
Star Royalties Completes Acquisition of 2% NSR Royalty on Elk Gold Mine in BC, Canada
(TheNewswire) S eptember 30, 2021 - TheNewswire - T ...
About this update from Star Royalties Ltd
[{"type":"text","content":"Star Royalties Completes Acquisition of 2% NSR Royalty on Elk Gold Mine in BC, Canada\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n S\n \n \n eptember\n \n \n 30, 2021 -\n \n \n TheNewswire -\n \n \n T\n \n \n oronto\n \n \n , ON - Star Royalties\nLtd.\n \n \n (the “\n \n \n Company\n \n \n ” or\n“\n \n \n Star Royalties\n \n \n ”) (TSXV:STRR\n \n \n ) (\n \n \n OTC:STRFF) is pleased to announce the completion of its\npreviously announced acquisition of an existing 2% net smelter return\nroyalty from Almadex Minerals Ltd. (TSXV: DEX) on the Elk Gold Mine\n(“\n \n \n Elk Gold\n \n \n ”) located in BC, Canada and owned and operated by Gold\nMountain Mining Corp. (TSXV: GMTN, OTCQB: GMTNF, FRA: 5XFA)\n(“\n \n \n Gold Mountain\n \n \n ”), as detailed in the Company’s press release dated\nSeptember 28, 2021.\n \n \n \n \n The\n \n \n acquisition\n \n \n constituted an “\n \n \n \n \n Expedited Acquisition\n \n \n ” in accordance with TSX Venture Exchange Policy 5.3\n–\n \n \n Acquisitions and\nDispositions of Non-Cash Assets\n \n \n and remains\nsubject to final approval by the TSX Venture Exchange\n \n \n . All\n \n \n securities of the\nCompany\n \n \n issued in connection with the\ntransaction are subject to a restriction from trading for four months\nand a day from the date of issuance.\n \n \n \n \n CONTACT INFORMATION\n \n \n \n \n For more information, please visit our website at\n \n \n starroyalties.com\n \n \n or contact:\n \n \n \n \n \n \n \n Alex Pernin, P.Geo.\n \n \n \n \n \n \n \n \n Peter Bures\n \n \n \n \n \n \n \n \n Chief Executive Officer and Director\n \n \n \n \n \n \n \n \n Chief Business Development Officer\n \n \n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n +1 647 801 3549\n \n \n \n \n \n \n \n \n +1 437 997 8088\n \n \n \n \n \n \n \n ABOUT STAR ROYALTIES LTD.\n \n \n \n \n Star Royalties Ltd. is a precious metals royalty and\nstreaming investment company. The Company’s objective is to provide\nwealth creation through accretive transaction structuring and asset\nlife extension with superior alignment to both counterparties and\nshareholders. With a strategy to also invest in green opportunities,\nStar Royalties pioneered one o...