Caledonian Royalty Corporation negotiated the purchase of a 5% top-line gross overriding royalty on the oil and gas properties of a mid-sized Canadian energy producer.  In accordance with the purchase agreement, Caledonian closed the acquisition of a 2.5% royalty in late October 2009 with an option to acquire up to an additional 2.5% royalty on the same terms by late December 2009.  Additional information may be obtained by registering on our site.