REMINDER - Franco Nevada... 3rd party?
"The Company has a USD $38 million loan, including interest with Franco-Nevada Corporation (“Franco”) that was originally due on April 28, 2020. The Franco loan is held within a subsidiary company and is secured against certain chromite assets acquired in 2015 with limited recourse to the parent Company. On December 23, 2019, the Company finalized an extension to the Franco loan facility to September 30, 2022 with all other terms and conditions remaining the same. In addition, the Company sold a 1% gross revenue royalty on the Eagle’s Nest Nickel-Copper-PGM deposit for CAD $5 million to Franco. The proceeds from the sale of the royalty will be used to advance the Eagle’s Nest Project, the chromite projects and for general working capital purposes."