Nord Precious Metals converts $3 million Granada Gold debt into 3% NSR royalty

Reuters2026/07/30 21:19

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Nord Precious Metals entered a debt conversion deal with Granada Gold Mine to extinguish $3 million owed to Nord.
Nord will receive a 3% net smelter return royalty on Granada’s Granada Gold Property near Rouyn-Noranda, Quebec.
Granada can repurchase the 3% NSR for $3 million in a lump sum or in $1 million tranches per 1%.
Closing remains conditional on TSX Venture Exchange approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nord Precious Metals Mining Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202607301700TNWSWRCACNPR_____1knDF1vaN) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nord Precious Metals converts $3 million Granada Gold debt into 3% NSR royalty

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