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Guerrero Ventures Inc : Corporate News Releases

Guerrero Ventures to Acquire Royalty and Stream Portfolios from Orion and Yamana and Launch
Nomad Royalty Company


Montreal, Québec, February 23, 2020 – Guerrero Ventures Inc. (TSX-V: GV) (“Guerrero” or the “Company”) is pleased to announce that it has entered into definitive purchase agreements with funds related to Orion Resource Partners (USA) LP (“Orion”) and Yamana Gold Inc. and one of its affiliates (“Yamana”) dated February 23, 2020, to acquire two portfolios of royalty, stream and gold loan assets for total consideration of $268 million and $65 million, respectively (the “Acquisitions”).

Upon closing of the Acquisitions and a concurrent private placement (together, the “Transaction”), Guerrero intends to change its corporate name to Nomad Royalty Company Ltd. (“Nomad”). All amounts in this news release are expressed in United States dollars unless otherwise indicated.
The Company intends to raise up to $10 million in a concurrent marketed private placement of subscription receipts (the “Private Placement”) in order to fund a portion of the Yamana Cash Consideration (as defined below) and capitalize the Company. The Company has obtained a lead order of $3 million in connection with the Private Placement.

Vincent Metcalfe, Chief Executive Officer and Joseph de la Plante, Chief Investment Officer of Guerrero, commented: “We are very proud to announce today the launch of Nomad Royalty Company, a new global acquisition-driven precious metals royalty company. Together with our partners, Orion and Yamana, we are excited to combine our significant transaction expertise to deliver a new generation royalty company and execute an aggressive growth plan. Our ambition is for Nomad to become a new leader in the mining industry through transparent and collaborative leadership that takes to heart the interests of all of its stakeholders.” (Download PDF to read the full document)


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