Royalty North Announces Agreement to Accept Early Repayment of Loan from Advance Wire Products Ltd.
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.
温哥華，不列顛哥倫比亞省-(Newsfile Corp.-2022年6月16日)-Royalty North Partners Ltd.(TSXV：RNP)(“RNP“或”公司“)宣佈，根據Advance Wire Products Ltd.(”AWP)和RNP，並經隨後的修正協議修正，(《貸款協議“)，AWP已選擇自願預付全部貸款。RNP和AWP已於2022年6月16日達成協議，AWP同意在2022年7月29日償還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.
在簽訂貸款協議時，RNP向AWP預付了4,550,000美元。在完成首次付款後，AWP將不再有貸款協議項下的義務，RNP將不再有權根據貸款協議獲得付款。
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的普通股目前暫停交易，預計在完成之前宣佈的與沙塵暴黃金有限公司的反向收購交易之前，RNP的普通股將不會恢復交易。有關詳細信息，請參閲公司於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日發佈的新聞稿。
For more information about Royalty North Partners Ltd., please contact:
欲瞭解有關Royalty North Partners Ltd.的更多信息，請聯繫：
Victoria McMillan
Chief Financial Officer
維多利亞·麥克米蘭
首席財務官
Phone: (604) 628-1033
電話：(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及其監管服務提供商(該術語在TSXV的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
不得在美國境內傳播或分發給美國通訊社
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問
譯文內容由第三人軟體翻譯。