Abitibi Royalties Inc. (CVE:RZZ) holds a 3% NSR on the Odyssey North discovery, Jeffrey Zone and the eastern portion of the Barnat Extension, located inside the Malartic CHL property and a 2% NSR on portions of the Gouldie and Charlie zones, all at the Canadian Malartic mine near Val-d’Or, Québec. In addition, the Company is building a portfolio of royalties on early stage properties near producing mines. The Company owns common shares in Yamana Gold and Agnico Eagle Mines (market value), plus cash (as of September 30, 2016) of Cdn$41.8 million. The Company is debt free.
Abitibi Royalties Inc.
CVE:RZZ ISIN:CA0036841074
News
Abitibi Royalties Inc. (CVE:RZZ) ("Abitibi Royalties" or the "Company") announces that it has purchased 43,500 common shares of Agnico Eagle Mines Limited ("Agnico Eagle") at US$44.00 per share for a total purchase price of approximately USD$1.9 million (CDN$2.5 million).
Abitibi Royalties Inc. (RZZ-TSX-V: "Abitibi Royalties" or the "Company") is pleased to announce that the Company has partnered with AuRico Metals Inc. ("AuRico") for the purpose of entering into an agreement with Frontline Gold Corporation ("Frontline") that allows each company to acquire a 1% net smelter royalty ("NSR") on several early stage exploration projects in the Red Lake district.
Abitibi Royalties Inc. (CVE:RZZ) ("Abitibi Royalties" or the "Company") is pleased to provide an update on the Company's net smelter royalties ("NSR") at the Canadian Malartic Mine, near Val-d'Or, Québec.
Abitibi Royalties Inc. (CVE:RZZ) announces that at the request of the TSX-Venture Exchange and further to its news release on January 13, 2016, it has submitted an application to the TSX-Venture to change its issuer status from a Mining Issuer to a Tier 2 Investment Issuer
Abitibi Royalties Inc. (CVE:RZZ) announces that Yamana Gold Inc.has recently disclosed that its wholly owned subsidiary, Brio Gold Inc. has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in connection with qualifying a secondary offering of Brio Gold common shares held by Yamana
Abitibi Royalties' (CVE:RZZ) (OTCMKTS:ATBYF) objective is to capture the upside potential inherent to the various stages of the mining sector, while limiting the risks related to the difficulties in assessing the rate of success and accurately predicting the costs for exploration, development, and mine operation.
Abitibi Royalties Inc. (CVE:RZZ) ("Abitibi Royalties" or the "Company") is pleased to announce that Rob McEwen founder of Goldcorp Inc. and current Chairman/Chief Owner of McEwen Mining Inc., enters private transaction for approximately CDN$2.3 million.
Abitibi Royalties Inc. (CVE:RZZ) (OTCMKTS:ATBYF) is pleased to announce the receipt of the year-end 2015 gold Reserve and Resource estimate completed by Canadian Malartic GP, operated by Agnico Eagle Mines Limited (TSE:AEM) and Yamana Gold Inc.(TSE:YRI), in respect of the Company's net smelter return interests on various areas of the Canadian Malartic mine.
Abitibi Royalties Inc. (CVE:RZZ) announces that it intends to make a normal course issuer bid to purchase through the facilities of the TSX Venture Exchange up to 546,300 issued common shares of Abitibi Royalties over a period of twelve months commencing after receipt of TSX-V acceptance.
Abitibi Royalties Inc. (CVE:RZZ) is pleased to announce the official launch of the Abitibi Royalties Search. "The Royalty Search" (www.abitibiroyalties.com) is an easy to use website that allows mining companies and prospectors a quick way of accessing capital in this difficult commodities market.
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