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International Royalty acquires four royalties from Atna Resources

Fasken
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Overview

Client

Confidential Client

On September 4, 2008, International Royalty Corporation (AMEX: ROY, TSX: IRC) ("IRC") announced that it had acquired four mineral royalties from Atna Resources Ltd. for US$20 million in cash. The portfolio includes a net smelter return interest in all precious metals produced from the development-stage Wolverine massive sulphide project in the Yukon. These acquisitions expand the number of royalties in IRC's portfolio to 84. IRC was advised in this transaction by Andrew Gabrielson, Michael Bourassa and Adam Inglis of Fasken Martineau.

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