Anglo Pacific Group PLC (TSX:APY) announced the release of its preliminary results for 2012 for its development royalties for nickel and other assets.

As quoted in the press release:

Anglo Pacific holds an option on a sliding scale 1.1% to 1.5% NSR royalty to be exercised for US$12.5million by the earlier of 120 days from the completion of a pre-feasibility study or January 10, 2017.

Click here to read the full Anglo Pacific Group PLC (TSX:APY) press release.