Dalradian notes Court approval for acquisition of Minco royalty

TORONTO, ONTARIO--(Marketwired - Aug. 29, 2017) - Dalradian Resources Inc. (TSX:DNA)(AIM:DALR) ("Dalradian" or the "Company") notes the announcement made earlier today by Minco plc ("Minco") that Minco received final approval from the Irish High Court for the acquisition of Minco's 2% net smelter return royalty on the Curraghinalt gold deposit by Dalradian (the "Transaction"). The Transaction will be implemented by mean of a scheme of arrangement, under Chapter 1 of Part 9 of the Companies Act, 2014 of Ireland and in accordance with the Irish Takeover Panel Act, Takeover Rules 2013. Closing of the Transaction is expected on August 30.