Ely Gold Royalties Inc. (TSXV:ELY, OTCQX:ELYGF) (“Ely Gold” or the “Company”) through its wholly owned subsidiary, Nevada Select Royalty, Inc. (“Nevada Select”) has agreed to purchase, a 0.3% net smelter returns royalty (“NSR”) from a private individual (the “Trenton Canyon Royalty”). The Trenton Canyon Royalty covers 52 unpatented mining claims (the “Royalty Claims”) located on the Battle Mountain-Eureka trend, Nevada, which is currently being drilled by SSR Mining (NASDAQ: SSRM, TSX:SSRM) (“SSR”). (see Figure 1). The transaction is subject to the approval of the Toronto Venture Exchange (“TSXV”) and is expected to close on December 1, 2020 (the “Closing”).
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Ely Gold Royalties Purchases Trenton Canyon Royalty, Nevada
