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Osisko to increase stake in Yellowknife gold


Last updated 5/24/2015 at Noon

TerraX Minerals Inc. May 13 reported an agreement to sell an additional 1 percent net smelter return royalty on its Yellowknife City Gold project in the Northwest Territories to Osisko Exploration James Bay Inc., a wholly-owned subsidiary of Osisko Gold Royalties Ltd. To purchase this option, Osisko Exploration will pay TerraX C$1 million in cash.

The agreed to option entitles Osisko Explorat...

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