Magna Terra entered into a Purchase Agreement with Oroplata (Newmont) that will pay Magna Terra (Atala) $1 million as follows: $25,000 on signing and six installments totalling $975,000 payable ($75,000 paid) within six years from the date of the Agreement. In addition, Newmont (Oroplata) has granted a 2% NSR to Magna Terra (Atala) on the Boleadora package. The royalty can be reduced to 1% by payment of $2.5 million by Oroplata to Atala at anytime, and the gross royalty payable is capped at $20 million.
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5-day change | 1st Jan Change | ||
0.035 CAD | +16.67% | 0.00% | +16.67% |
1st Jan change | Capi. | |
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+16.67% | 2.14M | |
-10.95% | 152B | |
-0.98% | 125B | |
+5.27% | 76.75B | |
+19.27% | 52.64B | |
+2.88% | 49.11B | |
+35.87% | 41.27B | |
+94.59% | 29.89B | |
+30.73% | 27.93B | |
+77.37% | 19.73B |
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