Royalty companies structures deal to get more leverage on the gold producers not only thru NSR but also thru gold producers stocks as well.
Royalty companies get millions of warrants expiring in the future at low exercise price @0.25.

Get on the cotail of companies who make the deals. If one buys today TSG at $0.17 in a year at least it will go higher that 0.25 that is 47% with small risk.
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TriStar Completes US$8 million Agreement with Royal Gold

the material components of the royalty agreement are:

TriStar and Royal have entered into a royalty agreement for total consideration of US$ 7.5 million:

TriStar will sell and grant to Royal a newly created 1.5% NSR royalty (incrementally earned pro-rata with the funding schedule) on the CDS property

TriStar will grant to Royal 19,640,000 common share purchase warrants (to be issued pro-rata with the funding schedule), each entitling Royal to purchase one common share of TriStar Gold Inc. at an exercise price of C$ 0.25 per common share for a period of five years.

Funding Schedule.
First payment, US$4.5 million, this payment has been made.
Second payment, US$1.5 million, by November 30, 2019,
Third payment, US$1.5 million, by March 31, 2020

The second and third payments assume TriStar can demonstrate (amongst other things) that drilling is advancing substantially according to the agreed upon work program to complete a prefeasibility study (PFS) due in 4th quarter 2020.

https://www.tristargold.com/index.php/news/news/2019/226-