Sprott Resource Streaming and Royalty Corp., purchases a 1.12% net smelter returns royalty for US$7 million on Talisker Resources Ltd.’s Bralorne project. The royalty may be increased up to an aggregate of 5.0% upon Sprott paying up to an additional US$24.25 million.
Fasken advised with a team led by Johanna Fipke (Mining Law, Corporate and Commercial Law), and included Sarah Martin (Corporate and Commercial Law), Brent Lewis (Banking and Finance), Patrick Frost, Heather Sorenson, Dixon Sunthoram and Regan Brodziak.
Jurisdiction
- British Columbia