Eagle Plains Enters Into Agreement with Gold Royalties Corporation for $500,000 Share Consideration

Eagle Plains Resources (TSXV:EGPLF) entered into an agreement with Gold Royalties Corporation, whereby Gold Royalties will purchase the Net Smelter Royalties relating to future production from the Just and Hit gold properties for $500,000 share consideration.

Tim Termuende, P.Geo., President and CEO stated:

This transaction is consistent with Eagle Plains’ business model as a prolific prospect generator. By accepting share consideration in Gold Royalties, a company our management deems to have good growth potential, EPL can continue to carry out high-risk generative and grassroots exploration work while minimizing shareholder dilution.

Click here to view the full press release.