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Investment Portfolio of Eros Resources Corp. Increases in Value with Rising Gold Price
Investment Portfolio of Eros Resources Corp. Increases in Value with Rising Gold Price ...
About this update from Trident Resources Corp.
[{"type":"text","content":"\n\n\n\nInvestment Portfolio of Eros Resources Corp. Increases in Value with Rising Gold Price\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Feb. 13, 2020\n\n\n\nVANCOUVER, Feb. 13, 2020 /CNW/ - Eros Resources Corp. (TSX-V: \"ERC\" \"Eros\" or the \"Company\") is pleased to provide a general corporate update on its activities, aside from the activities at the Bell Mountain Gold-Silver Project discussed in a news release of February 6, 2020.  Eros has been active on multiple fronts, as it expands its interests in both mineral properties and investments in junior resource companies.\nInvestment Portfolio\nEros continues to be active with its investment portfolio which, because of its strong focus on gold exploration companies, has benefited significantly by the recent rise in the gold price. Since the end of the third quarter of 2019, Eros' portfolio value has enjoyed an increase of  approximately $3,000,000, while at the same time exiting portions of certain investments to fund the ongoing operations at Bell Mountain. The Eros portfolio currently holds interests in 23 junior resource issuers.    \nKey investments held within the portfolio include:\nMAS Gold Corp. (\"MAS\").  MAS Gold Corp is a junior gold exploration company with a focus on developing its advanced properties in the La Ronge Gold Belt region of Saskatchewan.  Eros has participated in a number of private placements of MAS, and intends to maintain its ownership position in MAS going forward. Owl Capital Corp. (\"Owl\").  Eros has signed an agreement to sell its interests in the Oro Cruz and Eastgate properties in California and Nevada, as well as Eros' holdings share and warrant holdings of Bullfrog Gold Corp. to Owl in exchange for a 35.9% interest in Owl.  The transaction has not yet been completed.  Please refer to Eros' news release of April 25, 2019 for further details. Skeena Resources Limited. (\"Skeena\").  Skeena is a late stage gold exploration company with a focus in the Golden Triangle region of British Columbi...