Eagle Royalties Ltd T.ER

Primary Symbol: C.ER Alternate Symbol(s): ERYTF

Metals & Mining Industrial Metals & Minerals

Eagle Royalties Ltd. is engaged in holding royalty assets. The Company holds royalty interests in approximately 35 mineral exploration projects in western Canada. These projects are being explored for commodities that include gold, silver, critical metals, uranium, rare-earth elements, diamonds and industrial minerals. The Company’s portfolio includes the flagship AurMac (McQuesten) Royalty that overlies a portion of Banyan Gold Corp’s gold discovery at their AurMac Property located in the central Yukon Territory. Its Schott's Lake Royalty, George Lake Royalty and Knife Lake Royalty are situated in Saskatchewan, Canada. The Eskay Creek Royalty is situated in British Columbia, Canada. Its other royalties include Acacia, Adamant, Albert Lake, Axis Lake, BC Mas, Beaven, Black Diamond, Black Water Regional, Brownell Lake, Cathro, Coyote Creek, Cup Lake, Elsiar, East Goldfield, Fort a la Corne, Dianne Lake, Hanson North, Hot Punch, Hunter Basin, Manson Bay South, Kalum and more.

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Eagle Royalties Ltd > ER trading at 36% discount?

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Post by Wolfruleson Sep 02, 2020 12:35pm

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Post# 31494642

ER trading at 36% discount?

Can anyone explain this?

Fury made financing at average 3$ per fury share

Eastmain shareholders as of the closing date of the Transaction will be entitled to receive approximately 0.117 of a Fury Gold share

3$ x 0.117 = 0.351$

Why th ER share trade at only 0.225$ if they just made a financing at 0.351$ equivalent

If i am wrong please comment

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