On June 8, 2021, Honey Badger Silver, a Canadian silver company based in Toronto, acquired 100% stakes in three silver-focused properties located in Yukon Territory from Strategic Metals, a Yukon based project generator.
In exchange, Strategic Metals received common shares of Honey Badger representing 19.9% of the issues and outstanding shares of the company following the closing of the transaction, plus a perpetual 2% net smelter royalty (NSR) on all minerals produced in the Plata, Groundhog and Hy properties other than silver.
A Fasken team comprised of Frank Mariage, Janie Harbec, Johanna Fipke and Vincent Maltais acted for Honey Badger Silver in connection with this transaction.
