Stroud Resources Ltd. announced it has come to an agreement with Eagle Graphite Incorporated to reduce the future royalty payable on its Santo Domingo silver property in Jalisco, Mexico (the "Project"). The royalty has been reduced from 5% to 2.5% of net smelter returns, and the maximum amount has been reduced from CAD 1,000,000 to a maximum of CAD 500,000. Stroud has the right to purchase the remaining Royalty from Eagle for CAD 300,000 at any time prior to August 21, 2021.

Stroud paid CAD 100,000 to complete the agreement. Stroud is moving its Santo Domingo Project forward and is taking steps to improve the economic viability of the Project.