Orion Mine Finance completes US$15 million net smelter return royalty financing with Royal Nickel

On May 10, 2013, Orion Mine Finance (formerly RK Mine Finance) advanced $15 million to Royal Nickel Corporation (Royal Nickel) in exchange for Royal Nickel granting a 1% net smelter return royalty on its Dumont Nickel Project in Québec. Orion Mine Finance is a leading mining-focused private equity business with experience in the physical metals markets. Orion Mine Finance was advised by Fasken Martineau with a team that included Nancy Eastman, Martin Gagné and Anne Cobbett (private equity).