Minera Alamos acquires Sabre Gold Mines in January 2025, with Star Royalties maintaining a 4% gold streaming agreement.
Star Royalties has reported that Minera Alamos is set to acquire Sabre Gold Mines, with the deal closing in January 2025. Post-acquisition, Star Royalties will maintain a gold streaming agreement at 4% for the Copperstone Gold Mine. The acquisition aims to expedite production and reduce costs, leveraging Minera Alamos' expertise. Additionally, Star Royalties will receive C$2 million in contingent payments, enhancing its equity stake in Minera Alamos.
October 28, 2024
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