Global Royalty owns a tiered royalty on McEwen Mining Inc.’s (“McEwen Mining”) (NYSE: MUX, TSX: MUX) El Gallo/Magistral mine in Mexico, currently paying a 3.5% net smelter royalty (NSR), and a 1.5% NSR royalty on Dynasty Metals & Mining, Inc.’s (“Dynasty”) (TSX: DMM) Zaruma gold mine in Ecuador. Both mines are currently in production and paying royalties. Global Royalty also has an option to acquire an additional 1.5% NSR on Zaruma (for a total of 3.0%), plus 1.0% NSR interests on Dynasty’s Jerusalem and Dynasty Goldfields projects in Ecuador, for an additional $5.0 million. Coeur Capital intends to exercise this option upon closing the Global Royalty transaction.El Gallo Complex 2
Coeur Mining, Inc. Creates Coeur Capital, Inc. And Announces Definitive Agreement To Acquire Global Royalty Corp.
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