King River Resources Ltd T.KRR.W

The last payment to Morgan Stanley of 1.72 million$ cdn

[Farquar]

So in May of 2020, Krr bought out many of the royalties on higginsville deposits for about 9 million $ US or 12.3 million $ cdn... They have one last payment to make on that deal next month for 1.26 million$US or 1.72 million $cdn and it's all paid for...This 12.3 million$ investment is returning millions of $$$$ of savings for Krr and is helping to keep their AISC low as other gold companies see their AISC going much higher...Krr also bought out the royalty on the Spargos deposit for around 3 million AUS in cash and shares and that deal will return them at least 11 million $AuS on the initial 150,000 x 94% = 141,000 ounces produced...So again, these older investments are paying rich dividends in the form of millions of $$$ in royalty savings...Huet has done a great job in terms of increasing the profitability of Krr over the next 30 years...