MONTREAL, July 7, 2020 /CNW Telbec/ - Nomad Royalty Company
Ltd. ("Nomad" or the "Company") (TSX: NSR) is pleased to announce
that preliminary gold and silver deliveries from its royalties,
streams and gold loan during the three and six months period ended
June 30, 2020 were as follows:
|
Metal
Deliveries
|
Three Months
ending June 30
|
Six Months ending
June 30
|
|
Gold
(ounces)
|
4,136
|
8,262
|
|
Silver
(ounces)
|
56,254
|
100,216
|
The gold deliveries during the second quarter and year to date
included 2,450 and 4,900 gold ounces respectively from its gold
loan with Premier Gold Mines. Nomad expects to receive 1,000 gold
ounces on a quarterly basis from the Premier gold loan over the
next twelve quarters.
As per the vend-in transactions closed on May 27, 2020, Nomad was entitled to payments made
in respect of the acquired assets since January 1, 2020. As such, the preliminary gold
and silver deliveries above include payment received on the closing
of the vend-in transactions.
ABOUT NOMAD
Nomad Royalty Company Ltd. is a gold & silver royalty company
that purchases rights to a percentage of the gold or silver
produced from a mine, for the life of the mine. Nomad owns a
portfolio of 10 royalty, stream, and gold loan assets, of which 5
are on currently producing mines. Nomad plans to grow and diversify
its low-cost production profile through the acquisition of
additional producing and near-term producing gold & silver
streams and royalties. For more information please visit:
www.nomadroyalty.com.
SOURCE Nomad Royalty Company Ltd.