Sailfish Royalty Corp V.FISH

Alternate Symbol(s): SROYF

Metals & Mining Gold

Sailfish Royalty Corp. (Sailfish) is a precious metals royalty and streaming company with assets in the Americas. The Company’s portfolio includes Moonlight Property Royalty, Spring Valley Royalty, San Albino Gold Strem, La Cigarra Royalty & EI Compas Royalty. Its primary portfolio consists of three main assets in the Americas: a gold stream equivalent to a 3% net smelter return (NSR) on the San Albino gold mine and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; an up to 3% NSR on the multi-million-ounce Spring Valley gold project in Pershing County, Nevada; and a 100% interest in the Gavilanes Silver Project located in Durango State, Mexico. Spring Valley Royalties is a pre-feasibility stage project. The San Albino gold project is part of the San Albino-Murra concession within a contiguous land package of approximately 18,817 hectares. San Albino is located approximately 173 kilometers north of Managua.

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Sailfish Royalty Corp

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Post by pienteron Aug 09, 2018 12:26pm

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Post# 28434158

There is a little bit of movement in this triangular relatio

Golden Reign and Marlin Gold Enter Into Arrangement Agreement to Combine Businesses and Amend Stream Agreement With Sailfish Royalty

VANCOUVER, British Columbia, Aug. 07, 2018 (GLOBE NEWSWIRE) -- Golden Reign Resources Ltd. (TSX-V: GRR) (“Golden Reign”), Marlin Gold Mining Ltd. (TSX-V: MLN) (“Marlin”) and Sailfish Royalty Corp. (TSX-V: FISH) (“Sailfish”) are pleased to announce that Golden Reign and Marlin have entered into a definitive agreement (the “Arrangement Agreement”), unanimously approved by each of the boards of directors of Golden Reign and Marlin, pursuant to which Golden Reign and Marlin propose to complete the previously announced business combination whereby Golden Reign will acquire all of the issued and outstanding shares of Marlin (following completion of the Marlin Reorganization (as defined below) and satisfaction of all closing conditions of the business combination) by way of plan of arrangement (the “Transaction”). As a condition to closing the Transaction (the “Closing”), Sailfish has agreed to restructure its existing gold stream on San Albino, as further discussed below.