Nord Precious Metals converts $3 million Granada Gold debt into 3% NSR royalty
Reuters2026/07/30 21:19Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Nord Precious Metals entered a debt conversion deal with Granada Gold Mine to extinguish $3 million owed to Nord.
- Nord will receive a 3% net smelter return royalty on Granada’s Granada Gold Property near Rouyn-Noranda, Quebec.
- Granada can repurchase the 3% NSR for $3 million in a lump sum or in $1 million tranches per 1%.
- Closing remains conditional on TSX Venture Exchange approval.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nord Precious Metals Mining Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202607301700TNWSWRCACNPR_____1knDF1vaN) on July 30, 2026, and is solely responsible for the information contained therein.
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