Royalty Agreements


Strongbow Exploration Inc.

Through its strategic alliance with Osisko Gold Royalties, Strongbow acquired royalties in the Cantung (1%) and Mactung (4%) tungsten properties located in Yukon and Northwest Territories, Canada.

Osisko Gold Royalties

On August 30, 2017, Strongbow announced it agreed to sell a 1.5% Net Smelter Returns royalty to Osisko Gold Royalties Ltd. (TSX-OR) on all metals and minerals produced from the South Crofty tin project in Cornwall, UK, for $7.17 million, subject to receipt of shareholder approval for the royalty sale (in process) and receipt of a mine waste permit with water discharge consent (received - see news release dated October 23, 2017).

 

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