https://newsletter.mw.creamermedia.com
Financial|PROJECT
Financial|PROJECT
financial|project

Graphite One sells NSR on Graphite Creek

14th June 2023

By: Creamer Media Reporter

     

Font size: - +

TSX-V-listed Graphite One has sold a 1% net smelter royalty (NSR) interest against certain claims that make up part of the Graphite Creek project, in Alaska.

Under the terms of the NSR agreement, Graphite One will issue Ronald Sheardown 456 000 common shares at $1.1 a share for a total consideration of $500 000.

The NSR is applied to future production from 133 Alaska state claims owned or leased by Graphite One.

"This purchase of a 1% NSR brings our total purchases to 3% NSR," said Graphite One founder and CEO Anthony Huston.

" We anticipate the purchase of the NSR will have a positive impact on our internal rate of return and net present value, which will be reflected in the financial projections in our feasibility study."

Two NSRs on the Graphite Creek property remain outstanding: a 5.0% and a 2.5% NSR applicable to certain Alaska state claims, of which 2% of each NSR can be purchased for a total of $4-million, leaving a 3.0% and 0.5% NSR on their respective claims.

Edited by Creamer Media Reporter

Comments

Showroom

Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.069 0.173s - 127pq - 2rq
Subscribe Now