representative work

Nighthawk Completes Purchase of Royalties Pertaining to Certain Regional Assets within its Indin Lake Gold Property


On April 3, 2020, Nighthawk Gold Corp. completed the purchase of certain net smelter return (“NSR”) and net profit interest (“NPI”) royalties from two parties. Pursuant to the purchase agreement, Nighthawk paid an aggregate of $280,000 in cash and issued 200,000 common shares to purchase the royalties which consist of a 3% NSR relating to Leta Arm Gold Project and 3% NPI on the Lexindin Showing, a 2% NSR on Treasure Island Gold Project, a 2% NSR on Laurie-Lake Showing, and a 2% NSR on Barker-Vidie Showing.

Cassels acted for Nighthawk with a deal team that included Alex Pizale and Cathy Mercer (Securities and Mining).

RELATED EXPERTISE: Securities | Mining