Americas Bullion Royalty Receives 6,240,000 Shares of Silver Predator Corp.

Americas Bullion Royalty Receives 6,240,000 Shares of Silver Predator Corp.

PR Newswire

TSX:AMB

www.aubullion.com

HAYDEN, ID, March 12, 2013 /PRNewswire/ – Americas Bullion Royalty Corp. (TSX: AMB) (the “Company”) is pleased to announce the Company has received an
additional 6,240,000 common shares of Silver Predator Corp. (TSX: SPD) under Silver Predator’s option agreement to acquire a 100% interest in
the Taylor Project. The Company now owns approximately 25.5% of the
issued and outstanding shares of Silver Predator, and may receive a
minimum of 5,000,000 additional common shares (subject to upwards
adjustment, to a maximum of 6,283,333 shares) as Silver Predator
completes its earn-in of the Taylor Project. Americas Bullion retains a
2% Net Smelter Revenue royalty (NSR) on all precious metals, on the
Taylor Project, and a 1% NSR on all other metals, except for metals
extracted from claims subject to pre-existing royalties on which the
Company will receive a 1% NSR on precious metals and a 0.5% NSR on all
other metals.

Taylor Project Overview
The Taylor project is a past-producing open pit silver mine that
operated from 1981 to 1984 before closing due to low silver prices. The
Taylor project, with pre-stripped open pit mineralization, and a NI
43-101-compliant resource open to expansion, has the potential to be a
near-term producing asset. Recent exploration by Silver Predator has
confirmed Taylor is a newly recognized Carlin-type precious metal
system with a large untested gold anomaly (SPD News Release January 21,
2013
).

Americas Bullion Royalty Corp.
Americas Bullion Royalty Corp. is a precious metals royalty and
streaming company designed to provide revenue as well as lower risk
exposure to shareholders through project diversity in stable,
mining-friendly jurisdictions. The Company’s existing 34 property
portfolio, comprising more than 100,000 acres predominantly in Nevada,
is highlighted by Gross in-kind Royalties on Midway Gold’s Pan and Gold
Rock deposits, as well as 2 separate projects encompassing more than 34
square miles at Barrick Gold’s Bald Mountain project in Nevada.

Current royalty revenue is expected to accelerate as early as 2014 as
several of these projects commence production. Americas Bullion Royalty
Corp.’s prime royalty portfolio is unique in the mineral development
industry due to its ability to receive the majority of projected
revenues in-kind (gold bullion as opposed to cash), its possession of gross royalties
with no exposure to operator cost, as well as its security of title
with no buyback or buyout provisions.

No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This
press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance. There are
numerous risks and uncertainties that could cause actual results and
Americas Bullion’s plans and objectives to differ materially from those
expressed in the forward-looking information. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Americas Bullion assumes no
obligation to update forward-looking information should circumstances
or management’s estimates or opinions change.

SOURCE Americas Bullion Royalty Corp.

Be the first to comment

Leave a Reply