Talisker Provides Update on the Second Draw on the US$31,250,000 Financing with Sprott Streaming and Royalty for the Bralorne Gold Project
TORONTO, June 03, 2024 (GLOBE NEWSWIRE) — Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK, OTCQX: TSKFF) is pleased to provide an update that, pursuant to the previously announced royalty agreement (the “Agreement”) with Sprott Resource Streaming and Royalty Corp. (“Sprott”) in relation to the Company’s 100% owned Bralorne Gold Project, Sprott has approved the second draw of US$11,750,000, subject to conclusion of amended documentation and satisfaction of closing conditions. Full details on the Agreement are included in the Company’s press release of June 12, 2023. In connection with the second draw, the Company and Sprott are negotiating an amendment on the timing of the production target of 38,000 ounces of gold.