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Category Archives: Ely Gold Royalties

ELY GOLD ROYALTIES REPORTS YEAR END FINANCIALS

ELY GOLD ROYALTIES REPORTS YEAR END FINANCIALS Shareholder Equity Increases 470% – Gross Revenue Climbs to $4.1M Working Capital Increases to $7.8 Million Vancouver, British Columbia, April 28, 2021 - Ely Gold Royalties Inc. (TSX-V: ELY, OTCQX: ELYGF) ("Ely Gold" or the "Company" has reported year-end financial results for the fourth quarter ("Q4 2020") and year ("FY 2020")…
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Ely Gold Royalties Announces Acquisition of Tonopah West Patented Mining Claims, Nevada

Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold" or the "Company") is pleased to announce that through its wholly owned subsidiary, Nevada Select Royalty Inc, it has entered into a Property Exchange Agreement (the "Agreement") with Blackrock Silver (TSXV: BRC) ("Blackrock") and a group of private landowners who have surface use rights on certain of the lands within Blackrock's Tonopah West project located in the Walker Lane trend in Nevada.
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ELY GOLD ROYALTIES CONGRATULATES FIRST MAJESTIC SLIVER ON JERRITT CANYON MINE ACQUISITION

Ely Gold Royalties Inc. (TSX-V: ELY, OTCQX: ELYGF) (“Ely Gold” or the “Company” is very pleased to welcome First Majestic Sliver Corp. (NYSE: AR, TSX: FR) (“First Majestic”) to Nevada, a premier global mining jurisdiction. On March 12, 2021 First Majestic announced its acquisition of the Jerritt Canyon Mine (“Jerritt Canyon”) through an all-stock deal with Sprott Mining valued at over US$470 million (the "Acquisition"). Concurrent with the Acquisition, Eric Sprott, President of Sprott Mining, will complete a US$30 million private placement investment in First Majestic. Eric Sprott is also Ely Gold’s largest shareholder.
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Ely Gold Royalties Closes Increased Royalty and Lease Interest, Hog Ranch Property, Nevada

Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) ("Ely Gold" or the "Company) is pleased to announce that through its wholly-owned subsidiary, Nevada Select Royalty Inc (collectively "Ely Gold"), it has completed the binding term sheet (the "Term Sheet") to acquire an additional 25% interest in its Hog Ranch Property ("Hog Ranch") located in Washoe County, Nevada from Platoro West Incorporated, a Nevada Corporation ("Platoro West"). The additional interest in Hog Ranch increased Ely's current net smelter returns royalty ("NSR") from 1.5% to 2.25% and its interest in the leased mining claims (the "Lease") to 75.1%.
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