Bullboard - Stock Discussion Forum Franco-Nevada Corp T.FNV

Alternate Symbol(s): FNV

Metals & Mining Gold

Franco-Nevada Corporation is a Canada-based gold-focused royalty and streaming company. The Company focuses on precious metals, including gold, silver, and platinum group metals. The Company owns a portfolio of royalty, stream and working interests, covering properties at various stages, from production to early exploration located in South America, Central America and Mexico, United States... see more

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Franco-Nevada Corp > Franco-Nevada and Osisko acquire a gold stream

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Post by Betteryear2 on Jul 15, 2024 7:16am

Franco-Nevada and Osisko acquire a gold stream

(in U.S. dollars unless otherwise noted)

TORONTO, July 15, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB"), has acquired a gold stream (the "Stream") from SolGold plc ("SolGold") with reference to production from the Cascabel project located in Ecuador. FNB has partnered with Osisko Gold Royalties Ltd.'s subsidiary, Osisko Bermuda Limited ("Osisko"), to provide a syndicated financing package on a 70%/30% basis. FNB will provide a total of $525 million and Osisko a total of $225 million of funding for a total $750 million.

Franco-Nevada and Osisko acquire a gold stream on SolGold's Cascabel Copper-Gold Project (prnewswire.com)