Bullboard - Stock Discussion Forum Triple Flag Precious Metals Corp T.TFPM

Alternate Symbol(s): TFPM

Metals & Mining Gold

Triple Flag Precious Metals Corp. is a precious-metals-focused streaming and royalty company. It offers bespoke financing solutions to the metals and mining industry, primarily for gold and silver in the Americas and Australia, with a total of over 236 assets, including 17 streams and 219 royalties. It has a diversified portfolio of properties in Australia, Canada, Chile, Colombia, Cote d... see more

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Triple Flag Precious Metals Corp > Triple Flag Acquires 2.75% NSR Royalty

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Post by Betteryear2 on Feb 07, 2022 8:30am

Triple Flag Acquires 2.75% NSR Royalty

Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, TSX:TFPM.U) is pleased to announce that it has entered into agreements to acquire a 2.75% net smelter returns royalty on Monarch Mining Corporation’s (“Monarch”) (TSX:GBAR, OTCQX:GBARF) Beaufor Mine gold project in Quebec, Canada for total cash consideration of C$11.25 million. Monarch expects production at Beaufor to recommence by June 2022. Monarch has already made shipments of ore to the mill, and there are 15,000 tonnes of ore ready for processing when the mill restarts.

https://www.businesswire.com/news/home/20220206005037/en/

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