Royalty North Announces Repayment of Loan from Advance Wire Products Ltd.
Royalty North Announces Repayment of Loan from Advance Wire Products Ltd.
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2022) - Royalty North Partners Ltd. (TSXV: RNP) ("RNP" or the "Company") announces that further to its press release on June 16, 2022 it has received a payment of $5,546,637 (the "Initial Payment") from Advance Wire Products Ltd ("AWP") as repayment of the Loan Agreement between AWP and RNP as entered into on August 24, 2017, and as amended by subsequent amending agreements (the "Loan Agreement'). A further $453,360 is 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8月3日)-Royalty North Partners Ltd.(TSXV：RNP)(“RNP“或”公司“)宣佈，繼2022年6月16日的新聞稿後，它已收到5,546,637美元(”首期付款“)來自Advance Wire Products Ltd(”AWP)償還AWP和RNP之間於2017年8月24日簽訂並經隨後的修訂協議修訂的貸款協議(貸款協議‘)。另外453,360元將由2022年9月1日開始，分24個月平均支付。
Having made the Initial Payment, AWP has no more obligations under the Loan Agreement and RNP has no more rights to payments pursuant to the Loan Agreement.
在支付首期付款後，AWP根據貸款協議不再有義務，RNP根據貸款協議不再有權獲得付款。
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, June 1, 2022 and July 26, 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、2022年6月1日和2022年7月26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。