Rye Patch Gold Announces Closing of Sale of Rochester Royalty and Final Royalty Payment

Rye Patch Gold, V.RPM, gold, nevada

Rye Patch Gold Corp. (V.RPM)) is pleased to announce completion of the sale to Coeur Rochester, Inc. of the Company’s 3.4% net smelter return royalty (the “Royalty”) for total consideration of US$5,000,000 in cash.

In connection with the sale of the Royalty, the Company also received a final Royalty payment in the amount of US$313,701.86, representing the final Royalty amounts accruing up to the closing date. read more

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