 Clean Air Metals Inc TSX-V:AIR, OTCQB:CLRMF said it has completed the first tranche for C10 million of a C15-million mineral royalty financing agreement with Triple Flag Precious Metals Corp TSX:TFPM, which features a 2.5 net smelter returns NSR mining royalty for all mineral product produced on the Thunder Bay North Critical Minerals project in northern Ontario, temporarily excepting the Escape claims. The resource project developer said proceeds of the royalty financing will be used to finance the last instalment payment of C1.5 million cash to Panoramic Resources Inc as the final vesting condition of the option agreement with Benton Resources Inc; to complete the Prefeasibility Study for the project; to advance environmental and regulatory permitting activities; to advance further exploration activities; and for general corporate and working capital purposes. 