April 27, 2022
Trillium Gold Mines Inc. (TSXV:TGM, BUY, C$2.40 target, Taylor Combaluzier) announced it has closed the previously announced purchase option agreement for the Uchi and Satterly gold projects located in the Confederation greenstone belt (read more). Additionally, Trillium provided a clarification with respect to the terms of the Satterly gold agreement, whereby the terms of the royalty buyback right were erroneously reported. Trillium has the right to repurchase 1/3 of each royalty (being 0.5%) by paying the holders an aggregate amount equal to $500,000. Read more
