Monday, February 7, 2022
11:03 AM EST – Monarch Mining Corporation : Has entered into agreements with Triple Flag Precious Metals Corp. for the latter to acquire a 2.75% net smelter returns royalty on Monarch’s Beaufor Mine gold project in Quebec for total cash consideration of $11.25 million. Monarch expects production at Beaufor to recommence by June 2022. Monarch has already made shipments of ore to the mill, and there are 15,000 tonnes of ore ready for processing when the mill restarts. Monarch Mining Corporation (T.GBAR) shares were up $0.01 at 0.67.
Stocks in Play: Monarch Mining Corporation, Mon, 07 Feb 2022 11:12:08 EST