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Tag Archives: Ely Gold Royalties

Ely Gold Royalties (TSX-V: ELY, OTCQX: ELYGF) Announces Option Agreement, 3.0% NSR on Olympic Gold Project, Nevada

Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold" or the "Company") is pleased to announce that Nevada Select Royalties Inc., a subsidiary of Ely Gold, has entered into an Option to Purchase Agreement (the "Option Agreement") with Great Western Mining Corporation Inc., ("Great Western") a wholly-owned subsidiary of Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) to acquire 48 unpatented lode mineral claims on the Olympic Gold Project (the "Property") located in Mineral County, Nevada. At the conclusion of the Option Agreement, Ely Gold retains a three (3.0%) Net Smelter Returns Royalty on any future production at the Olympic Gold Project.
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Ely Gold Royalties (TSX-V:ELY, OTCQX: ELYGF) Closes Purchase of Important Nevada Royalty Portfolio

May 19, 2020 – Ely Gold Royalties Inc. (“Ely Gold”) (TSX-V:ELY, OTCQX: ELGYF, FRA: A2JSL0) is pleased to announce that, through its wholly owned subsidiary REN Royalties LLC (collectively with Ely Gold the “Company”), it has substantially completed the agreement (the “Agreement”) with VEK Associates, a privately held Nevada corporation (“VEK”) announced on February 28, 2020.
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Ely Gold Royalties Announces Closing of the Purchase of Jerritt Canyon NSR

Vancouver, British Columbia, May 13, 2020 – Ely Gold Royalties Inc. (“Ely Gold” or the “Company”) (TSX-V:ELY, OTCQX: ELGYF, FRA: A2JSL0) is pleased to announce that it has completed the Purchase Agreement (the “Transaction”) of a 0.5% net smelter returns royalty on the Jerritt Canyon Mine (the “JC Royalty”), located in Elko Nevada announced February 4, 2020.
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Ely Gold Royalties Announces CAN$10,000,000 Brokered Private Placement

Ely Gold Royalties Inc. (“Ely Gold”) or the (“Company”) (TSX-V: ELY, OTCQB: ELYGF) announced today that it has agreed to undertake a brokered private placement of up to 12,500,000 units (each a “Unit”) at a price of C$0.80 per Unit for gross proceeds of C$10,000,000 (the “Offering”) with a syndicate of agents (the “Syndicate”) co-lead by Clarus Securities Inc. and Mackie Research Capital Corporation as joint bookrunners (the “Co-Lead Agents”) and including PowerOne Capital Markets Limited.
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