Gold in US $ Market cap in Canadian is $ 956 x 0.75 loonie to dollar = 717 Million Market cap in U.S. dollars.
This also chaps me that the press release tries to inflate this horrible offer by using the loonie in market cap. The resource of gold and silver is in US dollars so market cap should be in US dollars ( appples to apples ) to one can properly evaluate the VALUE of the offer
For example, the UNDISCLOSED Silver Royalty:
$22 US Dollars per Oz. X 60 Million Oz. = 1.32 Billion US
The $717 Million US dollar offer divided by Silver Royalty 1.32 Billion = 54% of just the Silver Royalty
When Valued in US DOLLARS you sold the Silver Royalty for roughly HALF PRICE ( this is easy to value ) and threw in the whole GoldDistrict for FREE!!! B2 paid ZERO DOLLARS FOR ALL OUR GOLD
No wonder the Bruce & Company DIDNT MENTION IT and no wonder the Bruce & Company priced the deal in the Canadian Loonie instead of US Dollars. This offer really really stinks of corruption or there is some non disclosure or a problem with the mine.
Regardless, in this offer, B2 pays half price for our Silver and gets our entire GOLD DISTRICT for FREE.
THIS IS BS!!!