Ridge Royalty Corp. acquired La Blache Property in Northern Quebec from Nevado Resources Corporation (TSXV:VDO.H) for CAD 0.05 million on May 20, 2019. Under the agreement, Nevado Resources may be issued up to 1.5 million common shares of a third party subsequent purchaser in the event that Ridge Royalty sells or options the property to a subsequent purchaser within 18 months of the date of the agreement. The transaction is subject to a number of conditions customary, including the approval of the TSX Venture Exchange and the accuracy of the representations and warranties contained in the agreement in all material respects. As of July 23, 2019, the agreement has been accepted for filing by the TSX Venture Exchange. Ridge Royalty Corp. completed the acquisition of La Blache Property in Northern Quebec from Nevado Resources Corporation (TSXV:VDO.H) on May 20, 2019.