TSX:FNVMetals and Mining
US$250 Million Nevada Royalty Deal Could Be A Game Changer For Franco-Nevada (TSX:FNV)
Franco-Nevada, through a wholly owned U.S. subsidiary, recently agreed to acquire a US$250,000,000 net smelter return royalty from i-80 Gold Corp, covering all of i-80’s key Nevada properties with a rate that starts at 1.5% and rises to 3.0% from 2031.
This royalty deepens Franco-Nevada’s exposure to Nevada gold, ties it to i-80 Gold’s long-term development pipeline, and secures a right of first offer on future streams and royalties linked to these assets.
Next, we’ll examine how this...