Beedie Investments Limited Enters into a Convertible Loan Agreement with Nova Royalty Corp.

Vancouver, British Columbia--(Newsfile Corp. - October 2, 2020) - Beedie Investments Limited (the "Beedie") has entered into a convertible loan agreement dated September 30, 2020 (the "Loan Agreement") with Nova Royalty Corp. ("Nova") pursuant to which Beedie has agreed to loan up to $13 million (the "Loan Facility") to Nova to fund acquisitions of new royalties and streams. The Loan Facility will be funded by way of an initial advance of $3.5 million (the "Initial Advance") on the closing...

2020-10-02 5:35 PM EDT