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Nasdaq-listed Royal Gold has entered into a definite agreement to buy Great Bear Royalties for a cash consideration of C$6.65 per common share.
Royal Gold buys royalty at Great Bear
The acquisition price represents a 43% premium over Great Royalties' 20-day volume weighted average trading price on the TSX Venture exchange up to and including July 8, and values Great Bear
Royalty earnings seen in fourth quarter, follows Great Bear deal
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