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Barrick bolsters Royal Road

Gold major Barrick Gold (CN:ABX) is continuing its strategy of investing in juniors and has shown more support for Royal Road Minerals (CN:RYR) to take its holding to about 12.5%.

Barrick bolsters Royal Road Barrick bolsters Royal Road Barrick bolsters Royal Road Barrick bolsters Royal Road Barrick bolsters Royal Road

Major increases stake in junior’s latest financing plans

Barrick has agreed to buy about 9.9 million shares in the explorer at C16c for $1.58 million (US$1.3 million) and Royal Road is also planning a private placement at the same issue price to take ...