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Live News EQUITY ARTICLE M impact

Strategic Metals Holds 13.23% of Trifecta Gold

Strategic Metals acquired 6.265 million Trifecta Gold shares, bringing its holding to 8.297 million shares, or 13.23%. It also retains a 2% net smelter return royalty on 11 Yukon projects, with an option to reduce it to 1% for 1,500 ounces of gold or cash.

SMD

23%. The company also holds a 2% NSR covering 11 Yukon projects. The royalty can be reduced to 1% through a buy-down option for 1,500 oz of gold or cash.