This is the final post on the Chidliak royalty.
BHP has now settled with Peregrine Diamonds and the royalty has been dissolved for a payment of CAD$125K.
Here is a link to the final press release -- Jan 22 2016 - press release
Excerpt:
"In consideration of Peregrine terminating its legal action against BHPB
and a cash payment of $125,000, BHPB has agreed to terminate the Royalty
Agreement and thereby cancel the Chidliak Royalty."
Chidliak is now 100% owned by Peregrine Diamonds and should give the utmost flexibility for the company going forward.
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