tiprankstipranks
Gold Royalty Corp Acquires Vares Copper Stream
Company Announcements

Gold Royalty Corp Acquires Vares Copper Stream

TPT Global Tech (TPTW) has released an update.

Don't Miss our Black Friday Offers:

Gold Royalty Corp. has finalized the acquisition of a copper stream on the Vares Silver Project in Bosnia and Herzegovina, an addition expected to bolster its free cash flow growth from 2024 onwards. The $50 million transaction included a $45 million cash payment and over 2.9 million common shares, complementing Gold Royalty’s portfolio of long-life, low-cost mining projects. The deal also involved an amendment to the company’s credit agreement, enhancing its credit facility by $5 million to support the acquisition.

For further insights into TPTW stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskGold Royalty Sees Record Revenues and Positive Outlook
TipRanks Auto-Generated NewsdeskGold Royalty Corp. Sees Revenue Rise Amid Challenges
TipRanks Auto-Generated NewsdeskGold Royalty Corp. Reports Record Revenue Growth in 2024
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