Royalty North Announces Agreement to Accept Early Repayment of Loan from Advance Wire Products Ltd.
Vancouver, British Columbia--(Newsfile Corp. - June 16, 2022) - Royalty North Partners Ltd. (TSXV: RNP) ("RNP" or the "Company") announces that in accordance with a Loan Agreement between Advance Wire Products Ltd ("AWP") and RNP as entered into on August 24, 2017, and as amended by subsequent amending agreements, (the "Loan Agreement"), AWP has chosen to voluntarily prepay the loan in its entirety. RNP and AWP have entered into an agreement dated June 16, 2022 whereby AWP has agreed to repay $5,546,637 on July 29, 2022 (the "Initial Payment") and a further $453,360 to be paid in 24 equal monthly installments commencing on September 1, 2022.
温哥华，不列颠哥伦比亚省-(Newsfile Corp.-2022年6月16日)-Royalty North Partners Ltd.(TSXV：RNP)(“RNP“或”公司“)宣布，根据Advance Wire Products Ltd.(”AWP)和RNP，并经随后的修正协议修正，(《贷款协议“)，AWP已选择自愿预付全部贷款。RNP和AWP已于2022年6月16日达成协议，AWP同意在2022年7月29日偿还5,546,637美元(”首期付款“)及由2022年9月1日起分24次平均每月支付453,360元。
At the time of entering into the Loan Agreement RNP advanced $4,550,000 to AWP. Upon completion of the Initial Payment, AWP shall have no more obligations under the Loan Agreement and RNP shall have no more rights to payments pursuant to the Loan Agreement.
在签订贷款协议时，RNP向AWP预付了4,550,000美元。在完成首次付款后，AWP将不再有贷款协议项下的义务，RNP将不再有权根据贷款协议获得付款。
Trading in the common shares of RNP is currently halted and it is not anticipated that trading in the common shares of RNP will resume prior to completion of the previously announced reverse take-over transaction with Sandstorm Gold Ltd. For further details, please see the Company's press releases dated February 17, 2022 and May 2, 2022, May 26, 2022 and June 1, 2022.
RNP的普通股目前暂停交易，预计在完成之前宣布的与沙尘暴黄金有限公司的反向收购交易之前，RNP的普通股将不会恢复交易。有关详细信息，请参阅公司于2022年2月17日和2022年5月2日、2022年5月26日和2022年6月1日发布的新闻稿。
For more information about Royalty North Partners Ltd., please contact:
欲了解有关Royalty North Partners Ltd.的更多信息，请联系：
Victoria McMillan
Chief Financial Officer
维多利亚·麦克米兰
首席财务官
Phone: (604) 628-1033
电话：(604)628-1033
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accept responsibility for the adequacy or accuracy of this release.
TSXV及其监管服务提供商(该术语在TSXV的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
不得在美国境内传播或分发给美国通讯社
To view the source version of this press release, please visit
要查看本新闻稿的源版本，请访问
译文内容由第三方软件翻译。
