Core Viewpoint - Japan Gold Corp. has granted a 9-month extension to OR Royalties Inc. for acquiring an additional 0.5% royalty in exchange for US$3 million, extending the deadline to November 4, 2026 [1][2]. Group 1: Agreement Details - The Amending Agreement allows OR Royalties to increase their royalty interest from 1.5% to 2% by paying US$3 million [1]. - Japan Gold can accelerate the deadline if it enters into a joint venture requiring a minimum investment of C$5 million within six months [2]. - The original agreement involved OR Royalties acquiring a 1.5% net smelter return royalty for US$5 million [3]. Group 2: Company Overview - Japan Gold Corp. is focused on exploring high-grade epithermal gold deposits across Japan, holding a significant portfolio of tenements in areas with known gold occurrences [4]. - The company is recognized for its experienced leadership and operational team, which has a track record of discoveries globally [4]. - Significant shareholders include Equinox Partners Investment Management LLC and Newmont Corporation [4].
Japan Gold Announces Extension to Investment Agreement with OR Royalties for the Option to Purchase an Additional Net Smelter Return Royalty for US$3 million
TMX Newsfile·2026-02-05 12:30