Eagle Royalties Ltd. (TSE:ER) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Eagle Royalties Ltd. has reached a deal to sell 12 of its uranium royalties to 1485568 B.C. Ltd. for a total of CAD$3.75 million, with payment terms including both cash and a secured promissory note. The note allows for a portion to be paid in cash or Royal Uranium Inc.’s common shares, with maturity options and penalty clauses tied to Royal Uranium’s future public transaction.
For further insights into TSE:ER stock, check out TipRanks’ Stock Analysis page.
