Euro-Nevada Mining (TSE) has entered into an agreement with securities firms First Marathon Securities and Gordon Capital to issue one million special warrants at $13.50 per warrant. Each special warrant will be convertible into one common share and one-half warrant to purchase an additional share, exercisable for three years at $16 per share. Regulatory approval is required. Euro-Nevada is a gold royalty company with a portfolio of seven royalties on producing and prospective North American gold properties.
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