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Northern Lights sells 1% NSR royalty on Medicine Springs for $2.2M to fund key projects.

Company Fundamentals
02 Apr 2026
TheNewswire
View Source
Bullish
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Northern Lights Resources Corp. has agreed to sell its 1% Net Smelter Return (NSR) royalty on the Medicine Springs Project in Nevada to Torex Gold Resources for $2.2 million in cash. This sale is a strategic move to monetize a non-core asset and provide non-dilutive funding to advance Northern Lights' higher-impact projects, including the Horetzky and Pup copper projects. The transaction is expected to close soon, with Northern Lights fully exiting its royalty interest in Medicine Springs. This deal strengthens Northern Lights' financial position as it focuses on exploration and development of its key assets.

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