Eric Sprott announces that 2176423 Ontario Ltd. acquired a total of 16,216,215 common share purchase warrants of
Ely Gold Royalties Inc. . The Warrants were issued in connection with a secured loan agreement between 2176423 Ontario and ELY pursuant to which 2176423 Ontario has agreed to lend ELY the principal amount of up to $6,000,000, with interest of 10% per annum on any amount of principal outstanding , and 2.5
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