Orogen Royalties signs agreement creating royalty for Cibola project
Orogen Royalties announced it signed a purchase and sale agreement under which Northern Discovery Metals will acquire an interest, with a royalty created for the Cibola copper-gold project in British Columbia.
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12:07:19 PM UTC
SquawkNews
Orogen Royalties signed a deal for Northern Discovery Metals to acquire 100% of the Cibola copper-gold project for $130K and 700K NOR shares. Orogen retains a 2% NSR with a 0.5% buydown for $5M, subject to regulatory acceptance.Material DetailsContext by AI AnalystThis fits Orogen’s model of genera…