21
Dec
14:50
Clean Air Metals, Triple Flag sign Thunder Bay North royalty financing agreement
Clean Air Metals says it has closed on the first CAD 10 million ($7.34m) tranche of a new mineral royalty financing agreement on what is now known as the Thunder Bay North Critical Minerals Project in Ontario with Triple Flag Precious Metals Corp, Kallanish reports.
The agreement totals CAD 15m and provides Ontario-based Triple Flag with a 2.5% net smelter royalty on platinum, palladium, copper, and nickel from the project. That agreement temporarily excludes cert…
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