Golden Predator to start trading as Americas Bullion Royalty Corp. (TSX:AMB) on February 22nd, 2013
TSX:GPD
WHITEHORSE, Feb. 21, 2013 /PRNewswire/ – Golden Predator Corp. (TSX: GPD) (the “Company”) announces that it has changed its corporate name from
Golden Predator Corp. to Americas Bullion Royalty Corp. Effective
February 22, 2013, the Company will commence trading on the Toronto
Stock Exchange using its new name and under the trading symbol “AMB”.
This change reflects a shift in the Company’s focus towards its royalty
business.
The Americas Bullion Royalty Corporate Presentation can be found at:
http://www.goldenpredator.com/documents/Americas-Bullion-Royalty-Corp-Presentation-January-2013-Final.pdf
Americas Bullion Royalty Corp.
Americas Bullion Royalty Corp. will focus on royalty and streaming
assets providing revenue as well as lower risk exposure to shareholders
through project diversity in first world jurisdictions. The Company’s
existing portfolio is highlighted by Gross in-kind Royalties on Midway
Gold’s Pan and Gold Rock deposits, as well as 2 separate projects
encompassing more than 34 square miles at Barrick’s Bald Mountain
project in Nevada.
The Company holds additional royalties including a Net Smelter Royalty
on the Taylor Silver project and a portion of the Tonkin Springs
project also in Nevada. The entire package comprises more than 100,000
acres located primarily in Nevada, with 7 of the projects located in
Wyoming, Oregon, California and Mexico. Current royalty revenue is
anticipated to experience acceleration as early as 2014 as several of
these projects begin to advance. As Americas Bullion Royalty Corp., the
Company’s royalty portfolio is unique in the mineral development
industry due to its ability to receive the majority of projected
revenues in-kind (gold bullion as opposed to cash), its possession of gross royalties
with no exposure to operator cost, as well as its security of title
with no buyback or buyout provisions.
Background Information
Golden Predator Corp. announced on January 18, 2013 a planned change of
name in order to focus on royalty and streaming by building on its
existing portfolio of 34 projects. The Company’s subsidiary, Golden
Predator Canada Corp. will continue to maintain its core property
holdings on a care and maintenance basis with permitting continuing on
the Brewery Creek Project.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This
press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance. There are
numerous risks and uncertainties that could cause actual results and
Golden Predator’s plans and objectives to differ materially from those
expressed in the forward-looking information. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Golden Predator assumes no
obligation to update forward-looking information should circumstances
or management’s estimates or opinions change.
SOURCE Golden Predator Corp.
