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Yamana makes US$65M from royalty and payments sale

Yamana Gold has raised US$65 million from the sale of a portfolio of royalty interests to Nomad Royalty, a new company created from Guerrero Ventures, and a contingent payment relating to the Gualcayamo gold mine in Argentina.

Yamana makes US$65M from royalty and payments sale Yamana makes US$65M from royalty and payments sale Yamana makes US$65M from royalty and payments sale Yamana makes US$65M from royalty and payments sale Yamana makes US$65M from royalty and payments sale

Gualcamayo in Argentina

The company received an initial US$10 million cash from Nomad as well as $45 million in Nomad stock priced at C90c a share.