Date: March 17, 2020
Ely Gold Royalties is a North American emerging royalty company with producing and development assets. They're focusing on Nevada and the Western US. To explain, the Company generates royalties through purchasing existing royalties from third parties or by selling its properties out of their Nevada portfolio and retaining royalties.
"We started with one royalty and today we have 45 royalties. We started this year with the goal of purchasing four producing or near term producing royalties in the first two months and we purchased five.", says President and CEO, Trey Wasser.
Ely's current portfolio includes a number of Deeded Royalties and Optioned Properties, which are currently generating revenue. All portfolio properties are sold or optioned on a 100% basis, while the Company retains royalty interests. Furthermore, all the Company’s Option Properties will produce royalties, if exercised.
Ely Gold’s royalty portfolio includes producing royalties, fully permitted mines, mines under construction and development projects that are being permitted for mine construction. Moreover, the Company is currently purchasing third-party royalties to add to its portfolio.
For more information on Ely Gold Royalties Inc. (TSX.V:ELY, OTCQB:ELYGF) please fill out the form below.