Tsodilo, Sandstorm enter into $1.5m royalty agreement

September 26, 2017

Responsive image

TSX-V-listed Tsodilo Resources and dual-listed gold royalty company Sandstorm Gold have entered into a $1.5-million royalty agreement on three projects. The royalty sale includes the grant of a 1% net smelter royalty (NSR) on Tsodilo’s wholly owned Botswana subsidiary Gcwihaba Resources’ prospecting metal licences in north-west Botswana and a 1% NSR on the company’s 70%-owned South African subsidiary Idada’s gold and silver prospecting licence in Mpumalanga.

Category: General