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Strongbow targets C$8.5M boost

Cornwall tin hopeful Strongbow Exploration (CN:SBW) is set to receive C$8.5 million (US$6.7 million) from cornerstone investor Osisko Gold Royalties (CN:OR) under a net smelter returns royalty and share placement.

Strongbow targets C$8.5M boost Strongbow targets C$8.5M boost Strongbow targets C$8.5M boost Strongbow targets C$8.5M boost Strongbow targets C$8.5M boost

Strongbow president and CEO Richard Williams with Osisko's John Burzynski at South Crofty in 2016

Vancouver-based Strongbow said it would sell a 1.5% NSR to Osisko on all metals and minerals produced from the South Crofty project in the UK for C$7.17 million.

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