Lemuria Royalties closes US $2.65M financing

Lemuria Royalties Corp., a private mining royalty and streaming company, has closed a non-brokered private placement of equity securities for gross proceeds of US $2.65 million.

Lemuria Royalties has now raised a total of US $8.8 million over the last twelve months, including private placements of US $2 million and US $4.15 million in 2016.

Lemuria Royalties currently owns 2% NSR Royalty of Caylloma Mine in Peru and intends to add additional assets.

photo credit: Lemuria Royalties

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.