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Eagle Royalties Ltd. C.ER

Alternate Symbol(s):  ERYTF

Eagle Royalties is a royalty holding company created as a spin-out with the royalty assets of Eagle Plains Resources, a mineral exploration project generator exploring Western Canada for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Eagle Royalties holds royalties on over 50 projects owned by senior to junior mining and exploration companies. Eagle Roylaties flagship is the royalty at Banyan Gold's AurMac property where a 6.18m oz gold resource was announced in May 2023.


CSE:ER - Post by User

Post by NineLiveson Jun 26, 2024 4:43pm
51 Views
Post# 36107758

Skeena Resources

Skeena ResourcesJust secured funding for their Gold Eskay Creek property. 

The good news is ER holds a 2% NSR on part of this property with a 1% available for a $1 million buydown. With this and the AurMac property getting closer to production and the cash they just received for the sale of another NSR then things are looking up.

A rough estimation based on past financials and the recent sale shows them with close to $5 million in cash.

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