Lemuria Royalties closes US $2.65M financing

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By Ted Liu

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