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Orogen Royalties Inc

Merging to create
an organic royalty generator

Merger Highlights

Evrim Resources and Renaissance Gold have entered into an Arrangement Agreement to combine in a merger-of-equals transaction in which Evrim will acquire all of the outstanding common shares of Renaissance in an all-stock transaction to create a new royalty and prospect generator company to be named Orogen Royalties Inc.

 

Highlights of Combined Company

Organically Generated Royalty Portfolio

  • Ermitaño West gold deposit in Sonora, Mexico (2% net smelter royalty (“NSR”)), being developed by First Majestic Silver Corp. and planned to be in production in 2021
  • Silicon gold project (1% NSR) in Nevada, USA, being advanced by AngloGold Ashanti 
  • Cumobabi project (1.5% NSR), adjacent to the Ermitaño property
  • Four precious metal exploration-stage projects in Argentina, each with a minimum 1% NSR

Financial Strength

  • Near term cash flow potential from the Ermitaño West Royalty and long-term growth potential provided by the Silicon Royalty
  • Proforma cash of $13.5 million as of May 31, 2020
  • Significant G&A cost reductions and operational synergies
  • Improved capital markets scale

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Latest News

July 24, 2020 Evrim Resources creates two new gold royalties in Mexico Read More
June 10, 2020 Evrim Resources and Renaissance Gold combine to form new Royalty/Prospect Generator Company Read More
May 7, 2020 Newmont Relinquishes Option on Astro Project and Terminates the Mackenzie Alliance Read More
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