Financing Package with Franco-Nevada Corporation V.SCOT /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER BC, April 2, 2024 /CNW/ - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) ("Scottie" or the "Company") is pleased to announce that it has entered into a financing arrangement with Franco-Nevada Corporation (TSX: FNV) (NYSE: FNV) ("Franco-Nevada") whereby Scottie has agreed to sell a 2.0% gross production royalty (the "Royalty") to Franco-Nevada for C$8,100,000 (the "Royalty Transaction"). The Royalty will apply to all minerals produced on Scottie's claims in the Stewart Mining Camp in the Golden Triangle.
Scottie Resources Announces Financing Package with Franco-Nevada Corporation (newswire.ca)