Gold explorer Cumberland Resources (VSE) acquired the 2% royalty against its interests in the Meliadine, Meadowbank and Parker Lake projects in the Northwest Territories.
The company paid Asamera Minerals 50,000 shares and $396,500 plus transferable share purchase warrants for 100,000 shares of Cumberland exercisable for five years at prices ranging from $1.70 to $2.97.
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