TSX:LUGMetals and Mining
Lundin Gold’s LunR Royalty Spin-Out Might Change The Case For Investing In Lundin Gold (TSX:LUG)
Lundin Gold has recently completed the distribution of 50,505,051 LunR Royalties Corp. shares as a dividend in kind to its shareholders, fully exiting its ownership and control of LunR tied to a life-of-mine silver stream on the Fruta del Norte mine in Ecuador.
This move reshapes Lundin Gold’s asset mix and future royalty cash flow profile, effectively transferring direct exposure to the LunR silver stream from the company to its investors.
We’ll now examine how transferring the LunR royalty...