Repadre to list on Toronto exchange

Toronto-based Repadre Capital (VSE) has been granted conditional approval for a listing on the Toronto Stock Exchange.

In other news, Repadre has received more than $250,000 in royalty payments from production at Wheaton River Minerals’ (TSE) Golden Bear mine at Muddy Lake, B.C. Repadre paid Wheaton $1 million for a net smelter return which is payable at a rate of 7.5% until Repadre has received $1 million plus 7% interest, after which time the royalty is reduced to 2%.

Having completed an $18-million financing, and because metal prices are low, Repadre is focussing on base metal royalties.