Franco-Nevada Acquires 1.0% NSR Royalty on AngloGold's Arthur Gold Project for $250 Million

Reuters
07-24
Franco-Nevada Acquires 1.0% NSR Royalty on AngloGold's Arthur Gold Project for $250 Million

Franco-Nevada Corporation has announced the acquisition of a 1.0% net smelter returns $(NSR)$ royalty from Altius for $250 million, related to AngloGold's Arthur Gold Project in Nevada. An additional $25 million may be paid in cash following the outcome of an ongoing arbitration process between Altius and AngloGold. The transaction was funded using cash on hand and a $175 million draw from Franco-Nevada's $1 billion corporate credit facility. BMO Capital Markets and TD Securities served as financial advisors to Franco-Nevada for this transaction. Franco-Nevada also holds certain pre-emptive rights on the remaining 0.5% NSR royalty retained by Altius.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franco-Nevada Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: TO36234) on July 23, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10