North Arrow sells Redemption royalties
Last updated 1/31/2016 at Noon
North Arrow Minerals Inc. Jan. 25 reported an agreement has been reached to sell royalty interests in its Redemption diamond project to Umgeni Holdings International Ltd. for C$800,000.
Redemption is located in the Lac de Gras region of the Northwest Territories, roughly 32 kilometers (20 miles) southwest of the Ekati diamond mine.
"This agreement with Umgeni represents a non-dilutive hard-...