Honey Badger Creates 100% Owned Silver Royalty Business Vertical
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Honey Badger Silver Inc. has created a new subsidiary, Honey Badger Silver Royalty Inc., granting it a 2% net smelter return royalty on silver production from its mineral projects. Honey Badger shareholders will own 100% of the new subsidiary.
November 13, 2024 | 12:15 pm
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Honey Badger Silver Inc. has launched a new subsidiary, Honey Badger Silver Royalty Inc., which will hold a 2% net smelter return royalty on silver production from its projects. This move could enhance shareholder value as they will own 100% of the new entity.
The creation of a new subsidiary focused on silver royalties could potentially increase the value of Honey Badger Silver Inc. by providing a steady income stream from its mineral projects. Shareholders benefit directly as they own 100% of the new entity, which could lead to positive sentiment and a potential increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90