BATTERYONE ACQUIRES ROYALTY ON DUMONT NICKEL-COBALT PROJECT
On January 22, 2019, BatteryOne Royalty Corp. announced that it had acquired a 2.0% net smelter return (“NSR”) royalty on future production over metals from the Dumont Nickel-Cobalt project (the “Dumont deposit”), a fully permitted, construction-ready mine, which contains one of the world's largest undeveloped reserves of nickel and cobalt, located in the established Abitibi mining camp in Québec, Canada. The area under the royalty covers approximately 21% of the Dumont deposit.