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Hayasa Metals Announces Sale of 1.25% NSR over Urasar Mineral District

Summary by theassay.com
Hayasa Metals Inc. (TSXV: HAY | OTCQB: HAYAF) has announced the sale of a 1.25% net smelter return (NSR) royalty covering all minerals produced from the Urasar gold-copper project in northern Armenia to Franco-Nevada Corporation and EMX Royalty Corporation (EMX), for US$1M cash. Chairman Dennis Moore commented, “We are very pleased to make this non-dilutive royalty sale to two of the best-known royalty companies in the mining world. This deal ha…
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