TSX:LUGMetals and Mining
Lundin Gold Turns Silver Stream Into LunR Equity And New Exposure
Lundin Gold (TSX:LUG) has agreed to a silver stream for equity transaction with LunR Royalties.
The company is contributing a life of mine silver stream from its Fruta del Norte mine to LunR in exchange for newly issued LunR shares.
Lundin Gold plans to distribute these LunR shares to its shareholders as a dividend in kind, giving them direct exposure to LunR's new streaming platform.
Lundin Gold, through its flagship Fruta del Norte gold operation, is adding a different layer to how...