SLAM retains a 2% NSR royalty on 22,000 hectare Bathurst Mining Camp properties sold in 2019 to Eastern Zinc Corp. (EZNC on CSE). In return for 100% interest, SLAM to receive $700,000 cash and 5,000,000 EZNC shares over 4 years.
SLAM holds 1,000,000 shares of International Cobalt (“Cobalt” on CSE: CO) paid to SLAM before the Ramsay Cobalt property agreement was allowed to expire. SLAM now owns the property 100% subject to underlying prospector agreements.
Gold plant was sold for 1,100,000 shares of Great Atlantic Resources.
SLAM retains a 1% NSR royalty on Coulee claim that Osisko may purchase for $750,000. Coulee claim sold to Osisko Metals Inc. for a cash payment of $100,000 in 2017.
SLAM owns 1% NSR royalty on the Superjack and Nash projects. Callinex can buy 0.5% NSR for $500,000. Royalty increase by 0.25% NSR when zinc above US $1.25 per pound. Additional 0.25% NSR when zinc rises above US $1.50 per pound. SLAM to receive $25,000 in cash or shares plus 250,000 shares in May 2019.