Dual-listed Altus Strategies has issued two-million ordinary shares to Malian company Agmex in return for a 2% net smelter return (NSR) royalty held by Agmex over Altus’s 100%-owned 24 km2 Lakanfla gold project, in western Mali. Agmex had previously agreed to sell its 3% NSR royalty over the project to Altus, which retains the option to acquire the remaining 1% NSR royalty.
