ELYGF - ELY Gold Royalties And Gold Royalty Start Precious Metals Royalty And Streaming Industry Consolidation
- Gold Royalty will acquire ELY Gold Royalties for a combination of cash and shares.
- The combined company will have 99 assets, but only 4 of them are in production.
- At the current share price, the market capitalization of the company will be around $500 million.
- ELY gets a nice premium, while Gold Royalty acquires its first producing assets and several assets that should get in production soon.
- The market value of the combined company is too high.
For further details see:
ELY Gold Royalties And Gold Royalty Start Precious Metals Royalty And Streaming Industry Consolidation