Americas Bullion Royalty Receives 6.2 M Silver Predator Shares; AMB Up 3.9% in Early Trade

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Americas Bullion Royalty Corp. (AMB.TO) reports that it has received an additional 6,240,000 common shares of Silver Predator Corp. (SPD.TO) under Silver Predator's option agreement to acquire a 100% interest in the Taylor Project. The Company now owns approximately 25.5% of the issued and outstanding shares of Silver Predator, and may receive a minimum of 5,000,000 additional common shares as Silver Predator completes its earn-in of the Taylor Project.

Americas Bullion retains a 2% Net Smelter Revenue royalty ( NSR ) on all precious metals, on the Taylor Project, and a 1% NSR on all other metals, except for metals extracted from claims subject to pre-existing royalties on which the Company will receive a 1% NSR on precious metals and a 0.5% NSR on all other metals.

Silver Predator is up half a cent (4.55%), lifting it from a yr low of 11 cents to 11.5 cents.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: NSR

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