Ely Gold Royalties (TSXV: ELY) (OTCQB: ELYGF) Purchases Net Profit Royalty from Liberty Gold
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") and its wholly owned subsidiary, Nevada Select Royalty, Inc ("Nevada Select") are pleased to announce that they have signed a binding term sheet (the "Agreement") for the purchase and assignment of a net profit interest ("NPI") from Pilot Gold USA Inc., a Delaware corporation and wholly-owned subsidiary of Liberty Gold Corp. (TSX: LGD) (OTCQB:...
2019-12-18 11:02 AM EST
Ely Gold Royalties (TSXV: ELY) (OTCQB: ELYGF) Options Butte Valley Project to Quaterra Resources
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") and its wholly owned subsidiary, Nevada Select Royalty, Inc ("Nevada Select") are pleased to announce that they have signed a definitive option agreement (the "Agreement") for the sale of 100% of its Butte Valley Project to Six Mile Mining Company, a wholly owned subsidiary of Quaterra Mining Inc (TSXV: QTA) (OTCQB: QTRRF) (collectiv
2019-12-10 10:01 AM EST
Ely Gold Royalties Closes C$6.0M Line of Credit Facility with Eric Sprott (TSX-V: ELY, OTCQB: ELYGF)
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce that the TSX Venture Exchange (the "Exchange") has conditionally accepted for filing the Company's agreement with 2176423 Ontario Ltd. (the "Lender"), a company controlled by Eric Sprott ("Sprott"), providing the Company with a $6.0 million revolving line of credit (the "LOC"), first announced on October 17, 2019 (the...
2019-11-29 6:19 PM EST
Ely Gold Royalties Sells Old Gold Bar Project to McEwen Mining, Retains Royalty
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") and its wholly owned subsidiary, Nevada Select Royalty, Inc ("Nevada Select") are pleased to announce that they have signed a definitive purchase agreement (the "Agreement") for the sale of 100% of its Gold Bar Project ("Old Gold Bar Project") to McEwen Mining Nevada Inc, a wholly owned subsidiary of McEwen Mining Inc (NYSE: MUX) (TSX: MUX)...
2019-11-27 6:30 AM EST
Ely Gold Royalties Provides 2019 Royalty Update
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to provide a 2019 Corporate Update on key activities and developments on our royalty portfolio properties.Ely Gold has a unique business model in the royalty space by generating revenues and royalties through a property acquisition and sales program. In addition, the Company continues to actively seek opportunities to purchase...
2019-11-06 6:30 PM EST
ELY Retracts National Inflation Association Articles and Terminates National Inflation Association Agreement
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold" or the "Company") is issuing this press release to address concerns raised by the TSX Venture Exchange (the "Exchange") regarding certain promotional activities.In July 2019, the Company engaged National Inflation Association of Fort Lee, New Jersey ("NIA"), and Maiella Investment Holdings LLC, (collectively, the "Consultant") to provide investor relations...
2019-10-30 12:45 PM EDT
Ely Gold Royalties Announces C$6.0 Million Line of Credit Agreement with Eric Sprott (TSXV: ELY) (OTCQB: ELYGF)
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce that it has reached a mutual agreement (the "Agreement") with Eric Sprott ("Sprott") whereby Sprott will provide Ely Gold with a C$6.0 million line of credit (the "LOC"). Each draw on the LOC will be in the form of a convertible note (each a "Note") maturing 24 months from its issue date (a "Maturity...
2019-10-17 6:30 AM EDT
Ely Gold Royalties Announces Closing of Lincoln Hill Royalty (TSXV: ELY) (OTCQB: ELYGF)
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") is pleased to announce that, on September 10, 2019, it completed (the "Closing") its previously announced (see news releases dated April 23 and April 29, 2019) purchase of 100% of all rights and interests to a 1.00% net smelter returns royalty (the "Lincoln Hill Royalty") on the Lincoln Hill Property, located in Pershing County, Nevada and operated by Coeur Mining...
2019-10-03 6:30 AM EDT
Ely Gold Royalties Announces Registration of Fenelon Royalty (TSXV: ELY) (OTCQB: ELYGF)
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF), ("Ely Gold" or the "Company") and Wallbridge Mining Company Limited (TSX: WM) ("Wallbridge"), have agreed to amend certain terms and conditions of Ely Gold's 2% net smelter returns royalty on the Fenelon Mine Property, operated by Wallbridge, and located in west-central, Quebec (the "Morrison Royalty"). The Morrison Royalty was created pursuant to an Exploration Agreement...
2019-09-30 6:30 AM EDT
Ely Gold Royalties Purchases Gold Bar Royalty (TSX-V: ELY, OTCQB: ELYGF)
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF), through its wholly owned subsidiary Nevada Select Royalty, Inc, (collectively "Ely Gold" or the "Company") has acquired a one percent (1%) net smelter returns royalty covering two separate properties (the "Scoonover Royalty"), located in Eureka County, Nevada. Ely Gold paid US$25,000 for the assignment of 100% of the Scoonover Royalty from an arms-length third party. The...
2019-09-16 6:30 AM EDT
Ely Gold Royalties Purchases Jerritt Canyon Production Royalty (TSXV: ELY) (OTCQB: ELYGF)
Producing Royalty is Based on Mill Production on a Per Ton BasisIncreasing at Higher Gold Prices Vancouver, British Columbia--(Newsfile Corp. - September 9, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF), through its wholly owned subsidiary Nevada Select Royalty, Inc, has closed its previously announced purchase of 100% of all rights and interests in a Per Ton Royalty Interest on the Jerritt Canyon Processing Facilities (the "PTR") from an arms-length third party (the "Owner")....
2019-09-09 6:30 AM EDT
Ely Gold Royalties Announces Sale of Gold Canyon Option to McEwen Mining
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") is pleased to announce that it has granted its consent for Fremont Gold Corp. (TSXV: FRE) ("Fremont") to sell its option to acquire a 100% interest in the Gold Canyon Claims, located in Eureka County, Nevada (the "Option Agreement") to McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) ("McEwen"). The purchase price paid to Fremont for the Option Agreement, was 300,000...
2019-08-20 6:30 AM EDT
Ely Gold Announces Results of Annual General Meeting of Shareholders and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTC: ELYGF) ("Ely Gold" or the "Company") announces that all resolutions were passed at the Annual General Meeting of Shareholders (the "Meeting") held on July 29 in Vancouver, British Columbia.At the Meeting, all director nominees listed in the Company's management information circular dated June 14, 2019 were elected as directors of the Company. The detailed results of the votes cast by...
2019-07-29 1:51 PM EDT
Ely Gold Royalties Signs Much Anticipated Option Agreement with Contact Gold
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2019) - Ely Gold Royalties Inc. through its wholly owned subsidiary DHI Minerals (U.S.) Ltd (TSXV: ELY) (OTCQB: ELYGF) (collectively "Ely Gold" or the "Company") is pleased to announce that it has signed a purchase option agreement with Contact Gold Corp. and its U.S. operating entity, Clover Nevada II LLC (collectively "Contact Gold") to acquire an undivided 100% interest in the past-producing Green Springs gold project, located in...
2019-07-24 10:06 AM EDT
Ely Gold Closes Royalty Sale and Private Placement with Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce that it has closed its previously announced royalty sale and private placement with 2176423 Ontario Ltd., a company controlled by Eric Sprott ("Sprott"). Sprott has acquired 100% of all rights and interests in a 1.0% (one percent) net smelter returns royalty on the Fenelon Mine Property (the "Fenelon Royalty"), operated by...
2019-07-02 6:30 AM EDT
Ely Gold Announces Management Changes
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce the appointment of Mr. Xavier Wenzel as its Chief Financial Officer ("CFO"), effective June 30, 2019. Mr. Wenzel's appointment coincides with Mr. Scott Kelly stepping down as CFO to pursue other business opportunities. Mr. Wenzel is a Chartered Professional Accountant with over 22 years financial management experience. He has...
2019-06-26 6:30 AM EDT
Ely Gold Options its Castle West Property to Bitterroot Resources
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce that, through its wholly owned subsidiary Nevada Select Royalty, Inc ("Nevada Select"), it has signed an option agreement (the "Agreement") with Bitterroot Resources Ltd. (TSXV: BTT) and its US subsidiary Trans Superior Resources, Inc. ("Bitterroot") whereby Bitterroot will have an option to purchase a 100% interest in the...
2019-06-17 6:30 AM EDT
Ely Gold Options Nevada Rand Property to Goldcliff Resources
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce that, through its wholly owned subsidiary Nevada Select Royalty, Inc ("Nevada Select"), it has signed an option agreement (the "Agreement") with Goldcliff Resource Corporation ("Goldcliff") whereby Goldcliff will have an option to purchase a 100% interest of Nevada Select's Nevada Rand property (the "Property"), located in...
2019-06-13 11:47 AM EDT
Ely Gold Announces Royalty Sale and Private Placement to Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce that it has reached a mutual agreement (the "Agreement") with Eric Sprott ("Sprott") whereby Sprott will acquire 100% of all rights and interests in a 1.0% (one percent) net smelter returns royalty on the Fenelon Mine Property (the "Fenelon Royalty"), operated by Wallbridge Mining Company Limited, located in west-central,...
2019-06-10 11:07 AM EDT
Ely Gold Acquires Jerritt Canyon Production Royalty
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold") or the ("Company") is pleased to announce that it has signed a binding letter of intent (the "Transaction") with a private individual ("the Owner") whereby Ely Gold will acquire 100% of all rights and interests to a Per Ton Royalty Interest on the Jerritt Canyon Processing Facilities (the "PTR Interest"). The Jerritt Canyon Operations, located in Elko Nevada,...
2019-05-23 6:30 AM EDT