Published in the High Desert Advocate Newspaper May 8, 2020 Edition.
Ely Gold Royalties (TSX-V:ELY) announced Monday that it has agreed to undertake a brokered private placement of up to 12.5 million units at 80 cents per unit for gross proceeds of C$10 million.
The syndicate of agents are co-led by Clarus Securities Inc. and Mackie Research Capital Corporation.
Ely Gold is a Nevada focused gold royalty company.
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