Northern Lights' Medicine Springs NSR Royalty to be Acquired for US$2.2 Million

The newswire.ca
2026.04.02 11:30
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Northern Lights Resources Corp. has entered into an agreement to sell its 1% Net Smelter Return royalty on the Medicine Springs Project to Torex Gold Resources Inc. for US$2.2 million. CEO Luka Capin stated that this transaction will provide non-dilutive funding for the company's key projects, enhancing its financial position. The sale is expected to close soon, and Northern Lights will no longer hold any interest in the Medicine Springs Project.