Galway Metals Advances Royalty Buyback Strategy
Company Announcements

Galway Metals Advances Royalty Buyback Strategy

Story Highlights

Galway Metals (TSE:GWM) has released an update.

Galway Metals Inc. has reported its progress on the buyback of a 2% net smelter returns royalty on its Clarence Stream property, with the latest payment made partially in cash and partially through the issuance of common shares. This step is part of a larger agreement from 2020, structured in six annual payments, to regain full royalty rights, enhancing the value of the company’s high-grade gold resource project in New Brunswick.

For further insights into TSE:GWM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGalway Metals Strikes Gold with Promising Drill Results
TipRanks Canadian Auto-Generated NewsdeskGalway Metals Rides High Gold Prices to Expand Resources
TipRanks Canadian Auto-Generated NewsdeskGalway Metals CEO Buys Up Company Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App