Military Metals Announces Buyback of 1% Royalty on Slovakian Portfolio

Core Viewpoint - Military Metals Corp. has successfully exercised its buyback right to retire a 1% net smelter royalty (NSR) on its Slovakian mineral properties, enhancing the strategic value of its portfolio [1][2]. Group 1: Buyback Details - The NSR covered three mineral properties: the Trojarová Antimony Gold Project, the Tiennesgrund Antimony Gold Project, and the Medvedi Potok Tin Project, all of which are now royalty-free [1][2]. - The buyback was completed for a one-time cash payment of CAD$162,800, eliminating future royalty obligations and providing greater financial flexibility for the company [2]. Group 2: Strategic Implications - The CEO of the company expressed that the buyback is beneficial for shareholders and the economics of the projects, allowing for a stronger ownership position as exploration programs advance [2]. - Initial drill results from the Trojarová project are available, with a Mineral Resource Estimate expected to be completed later this quarter, indicating a positive outlook for the project [2]. Group 3: Company Overview - Military Metals Corp. is based in British Columbia and focuses on the acquisition, exploration, and development of mineral properties, particularly in antimony [3].