Base Metal and Precious Metal Net Smelter Returns Royalties Agreement Sample Contracts

Contract

Base Metal and Precious Metal Net Smelter Returns Royalties Agreement • April 30th, 2015 • Canadian Zinc Corp • Metal mining • British Columbia

• Contract Type
  Base Metal and Precious Metal Net Smelter Returns Royalties Agreement
• Filed
  April 30th, 2015
• Company
  Canadian Zinc Corp
• Industry
  Metal mining
• Jurisdiction
  British Columbia

provided that where Products are processed on or off the Property in a facility wholly or partially owned by the Owner, a shareholder of the Owner or an Affiliate of the Owner or an Affiliate of a shareholder of the Owner, Allowable Deductions will not include any costs that are in excess of those which would be incurred on an arm’s length basis or which would not be Allowable Deductions if those Products were processed by an independent third party. There will be no Allowable Deductions from Gross Proceeds received as a result of a Loss;