Gold Line Resources Closes Acquisition of Oijärvi and Solvik Gold Projects VANCOUVER, BC , June 24, 2021 |CNW| - Gold Line Resources Ltd. (TSXV: GLDL ) (" Gold Line " or the " Company ") is pleased to announce that it has closed the previously announced asset purchase transaction pursuant to which Gold Line has acquired a 100% interest in Agnico Eagle Mines Limited''s (TSX: AEM ) (" Agnico ") Oijärvi Gold Project located in central Finland and Solvik Gold Project located in southern Sweden (collectively, the " Projects ") for an aggregate purchase price of US$10 million comprised of cash and shares of each of Gold Line and EMX Royalty Corp. (TSXV: EMX ) (" EMX ") (the " Transaction "). In connection with the Transaction, Agnico will retain a 2% net smelter return (" NSR ") royalty on the Projects, 1% of which may be purchased at any time by EMX for US$1 million . Adam Cegielski , President, CEO and Director of Gold Line comments, " We are incredibly excited to have closed our transaction with Agnico for the Oijärvi and Solvik Projects. These are district scale opportunities in excellent mining jurisdictions, and we are now moving quickly to secure drilling permits for the projects.