BRIEF-Mandalay Resources repurchases 2% NSR royalty interest on its Cerro Bayo mine

Thu Mar 31, 2016 6:24pm EDT
 
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March 31 (Reuters) - Mandalay Resources Corp :

* Mandalay Resources Corporation repurchases 2% NSR royalty interest on its Cerro Bayo silver-gold mine from Coeur Mining

* Says total consideration was US$4 million and 2.5 million Mandalay shares issued at price of CAD$0.89 per share Source text for Eikon: Further company coverage: