Streamer Ely Gold to buy Nevada, BC gold royalties

Junior gold streamer Ely Gold & Minerals has agreed to buy certain royalty interests from Till Capital subsidiaries Golden Predator US Holdings and Resource Re for $75 000. The transaction will give Ely subsidiary Nevada Select Royalty a 2% net smelter return (NSR) royalty on Resource Re’s Uduk Lake project, in British Columbia, a 3% NSR royalty on Golden Predator's Atlanta project, a 3% gross production royalty (GPR) on its Bolo project and a 0.5% GPR interest on the Wood property.