EXPM:HRTFF - Post by User
Post by
Fredfudpucker00on Jul 22, 2021 2:55pm
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Post# 33591011
Appian
Appian Appian Chile Spa ,anouther Appian fund,has now sold The Caserones 0.28% net smelter royalty to Nomad Royalty for $23 million ,as well as 2 million share purchase warrants that can be exorcised over 36 months. This sale was probably made after Appian realized they would earn less money after the Chile government said they would increase tax royalty within the country by increasing percentages of tax as the copper price increases on the commodity markets. Just mentioned this , due to this being a fairly recent deal.