04/11/2019 - 15:55

Nusantara gains right to buy back Indo gold royalty

04/11/2019 - 15:55

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Indonesia-focussed gold developer, Nusantara Resources, has secured the right to fully extinguish a third-party royalty arrangement over future gold production from its Awak Mas gold project on Sulawesi Island. The company can terminate the existing net smelter royalty deal with Vista Gold Corporation, by paying a small consideration of cash and shares and then two payment tranches up to USD$4.9m before 30th April 2021.

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