In July of this year.....Noront can buy back 50% of the Eagles nest NSR for a price tag of 3.1 million.

"In addition, on January 14, 2016 the Company closed the sale of a 1% NSR over the Eagle's Nest deposit to RCF for a sum of US$2.5 million. The agreement contains a buy back provision whereby Noront can repurchase 50% of the royalty for US$3.1 million for a period of 30 months from closing. The sale of the royalty was recorded as a reduction in the carrying value of mineral property to the extent of previously capitalized acquisition costs for the Eagle's Nest deposit ($1.4 million) and the remaining proceeds, net of transaction costs, were recorded as a gain on sale of royalty as reflected in the statement of loss in the amount of $2.1 million.  "