Galway Metals Advances Royalty Buyback Strategy

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.

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