TSX:LUGMetals and Mining
What Lundin Gold (TSX:LUG)'s Silver Stream-for-Equity Special Dividend Means For Shareholders
Lundin Gold has completed a silver stream-for-equity deal with LunR Royalties, granting a life-of-mine silver stream on the Fruta del Norte mine in Ecuador and declaring a special dividend-in-kind that will distribute all received LunR shares to its shareholders on June 11, 2026.
This structure effectively converts Fruta del Norte’s future silver by-product into equity in a separate royalty company, then passes that value directly to Lundin Gold shareholders without the miner retaining an...