Amarillo Gold Announces Sale of NSR Royalty to Royal Gold

August 20, 2018

On June 29, 2018, Amarillo Gold Corporation (“Amarillo”) (TSX.V:AGC) announced the entry into an agreement for the sale of a perpetual 1.75% Net Smelter Return Royalty on the Mara Rose gold project to RG Royalties, LLC, a wholly-owned subsidiary of Royal Gold, Inc. (NASDAQ:RGLD).

Amarillo is developing an open pit gold resource at its Mara Rosa Project and has an advanced exploration project at Lavras do Sul, both in Brazil.

Miller Thomson advised Amarillo with respect to this transaction with a team comprised of Geoff Clarke, Jonathan Tong and Victoria de Luna (Securities/Mining).