"A cash flow generator that allows Rubicon to realize income and acquire a large portfolio
of royalties on non-core properties outside of its holdings in the Red Lake Gold Camp"
The English Royalty Division refers to Rubicon’s active program of acquiring mineral property interests for the purpose of optioning out to other mining exploration companies. As such, it provides the Company with an ongoing revenue stream of cash and shares and a residual royalty position, payable in the event production is realized, in all the properties acquired. It also provides a potential for the Company to retain a 100% interest in an acquired property should it elect to do so.
During 2012, the Company recovered $1,217,086 in cash and shares from the English Royalty Division, before deducting costs.
Rubicon through the ERD, typically options out a 100% interest to third parties on non-core properties. In doing so it does not endorse the exploration merits of the properties themselves and takes no responsibility for third party disclosures on the properties or the parties making them. Investors should carry out their own due diligence on these companies and properties.
Date of Issue: March, 2013