Post by
Terry21 on Oct 30, 2020 12:29am
Royalties
Does anyone know if there are any royalties on the Queensway property?
Thanks.
Comment by
GoldGravy on Oct 30, 2020 5:47am
I remember reading in the preliminary prospectus that just about every parcel had a 1% NSR, with NFG having the right to reduce NSR to 0.5% with a $1 million payment. Plus NFG arranged a 0.5% NSR with SPOT to conduct their respurces in finding ideal drill locations. So basically a 1% NSR on most of property.