Pinheiro Neto and Veirano advised on the deal
TriStar Gold Inc. (TSX-V:TSG) has entered into a royalty agreement with Royal Gold, Inc. for an investment by Royal or its affiliate of US$ 7.5 million.
TriStar will sell and grant to Royal a newly created 1.5% NSR royalty on the CDS property and will grant to Royal 19,640,000 common share purchase warrants, each entitling Royal to purchase one common share of TriStar Gold Inc. at an exercise price of C$ 0.25 per common share for a period of five years.
The transaction proceeds will be used to complete a PFS for the CDS gold project, to advance permitting activities, and for general corporate purposes.
TriStar Gold is an exploration and development company focused on precious metals properties in the Americas that have potential to become significant producing mines.
Pinheiro Neto advised Tristar Gold. Inc with a team including Adriano Trindade.
Veirano advised RG Royalties, LLC witha team including Pedro Garcia, Pedro Katz and Maria Julia Carvalho.