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ELY Gold Royalties closes C$17.25 million financing

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(Kitco News) - ELY Gold Royalties (TSXV:ELY) announced yesterday it closed a previously announced brokered private of 21,562,500 units at a price of $0.80 per Unit for gross proceeds of C$17.25 million.

The company plans to use the money for exploration, royalty acquisition and general working capital.

Ely Gold Royalties is a Nevada-focused royalty investment company.

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