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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 16, 2014) - Castle Peak Mining Ltd. ("Castle Peak" or the "Company") (TSX VENTURE:CAP) announces today that, along with certain of its subsidiaries, it has entered into a royalty agreement (the "Royalty Agreement") with a royalty company pursuant to which Castle Peak will receive an aggregate amount of $1,150,000 in exchange for a 1% net smelter returns royalty (the "Royalty") on the sale of minerals from the Akorade project in Ghana, excluding the Bonsaso license (the "Akorade Project"). |
