June 06, 2014 Eloro Sells Remaining Interest in the Simkar
As consideration for the sale, Eloro has been granted a 1.5% NSR on Monarques' wholly-owned Tex-Sol, Regcourt, Plator I, Plator II, Plator III, Plator IV and Plator V properties in addition to a 1.5% NSR granted on the Simkar Property and a 0.5% NSR on the Louvicourt Property. Excluding the Louvicourt Property, Monarques can redeem one-third (0.5%) of the NSR by paying Eloro $1 million. All of the foregoing properties are located in the highly prospective Val d'Or gold mining camp.
Looks like we get NSR royalties on 9 properties.