Metanor Amends Bachelor Gold Stream

VAL-D'OR, QUEBEC--(Marketwired - Sept. 18, 2017) - Metanor Resources Inc. (the "Corporation") (TSX VENTURE:MTO) is pleased to announce that it has entered into an amending agreement with Sandstorm Gold Ltd., ("Sandstorm") effectively reducing the existing gold steam on the Bachelor mine (which required Metanor to sell 20% of its gold production at the fixed price of US$500) and replacing it with a 3.9% net smelter return royalty (NSR) on all minerals produced from the Bachelor and Barry properties (includes the surrounding exploration properties), of which 2.1% of the royalty can be repurchased upon payment of US$2M for each property, thereby reducing the NSR to 1.8%.