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Americas Bullion Royalty Corp.

11:41 AM EST - Americas Bullion Royalty Corp. : announced it has entered into a binding letter of intent to acquire the securities portfolio of Kudu Partners, L.P. from Kudu, a private hedge fund, in exchange for AMB shares. The Portfolio, estimated to have a current market value of approximately $21 million, is composed of cash, marketable securities and certain illiquid securities. Americas Bullion Royalty Corp.
shares T.AMB are trading unchanged at $0.09.