TSXV:CBR - Post Discussion
Post by
Betteryear2 on Jul 28, 2023 8:52pm
Cabral Gold Receives Second and Final Tranche
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2023) - Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) ("Cabral" or the "Company") is pleased to announce that it has received the second and final US$2.5 million tranche relating to the royalty agreement with Osisko Gold Royalties Ltd. ("Osisko") (OR: TSX & NYSE) announced on July 12, 2023 pursuant to which Osisko agreed to purchase a 1% net smelter return ("NSR") royalty on the Cui Cui gold project for a total cash consideration of US$5 million. Cabral Gold Receives Second and Final Tranche Regarding the NSR Royalty Agreement with Osisko Gold Royalties on the Cui Cui Gold Project, Brazil (newsfilecorp.com)
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