Latest news with #Franco-Nevada
Miami Herald
6 hours ago
- Business
- Miami Herald
Stock Market Today: Stocks set to start the week higher after strong Friday close
This live blog is being updated in real time. Check back periodically for the latest updates on the market. Good morning. Market indexes are narrowly higher in futures trading, carrying over from a strong Friday performance. The Russell 2000 (+0.39%) is leading the pack, trailed by the Dow (+0.28%), S&P 500 (+0.16%), and Nasdaq (+0.08%). This week seeks to be a continuation of strong corporate earnings, which are arriving in the face of mixed economic data and tariff turbulence. Bookends don't tend to be big days for earnings, but per TipRanks, we're set for about 137 earnings reports today. Many of these reports are already in this morning, including gold mining companies Barrick Mining B and Franco-Nevada (FNV) , productivity software (MNDY) , and pharmaceutical company Roivant (ROIV) , among others. Here's what is out among today's largest reports: Results from one-time retail-favorites AMC Entertainment (AMC) are also out this morning. There's more to come, too. After market close, we'll be getting results from AST SpaceMobile ASTS, Archer Aviation (ACHR) , and Plug Power (PLUG) . There is no big economic data inbound today, just the 3-month and 6-month bill auction at 11:30 a.m. ET today. However, investors will have their eyes peeled for commentary around this week's most-anticipated drop: inflation. That report is due out tomorrow, sure to be a market-mover. Since the market tumbled after tariff turbulence in April, economists and Americans have held heightened inflation expectations. That has yet to really show itself, but some hawkish Fed leaders like Musalem say they expect tariff impacts to crop up in the prints this quarter. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Globe and Mail
6 days ago
- Business
- Globe and Mail
Canada's Mining Edge: Innovation That Leads The World
Canadian mining companies have long been recognized as global leaders in technical innovation, capital markets sophistication, and operational excellence. From pioneering extraction technologies to developing innovative financing structures, Canada's mining sector represents the gold standard for modern resource companies. This technical leadership becomes particularly valuable when companies apply Canadian expertise to world-class international assets, combining advanced methodologies with proven geological targets. The combination of Canada's deep capital markets, skilled technical workforce, and regulatory transparency creates an ecosystem where mining companies can efficiently access funding, attract top talent, and execute complex international projects. As global resource demand intensifies and ore grades decline worldwide, Canadian technical advantages become increasingly valuable competitive differentiators. Canadian Mining Excellence in Action Franco-Nevada (NYSE: FNV) (TSX: FNV) exemplifies Canadian financial innovation as a leading gold-focused royalty and streaming company. The company recently acquired a C$1.05 billion royalty package comprising a 7.5% gross margin royalty covering all mineral reserves at Côté Gold Mine, demonstrating sophisticated deal structuring that provides gold exposure while limiting operational risks. OR Royalties Inc. (NYSE: OR) (TSX: OR) showcases capital markets efficiency through its world-class 3-5% NSR royalty on the Canadian Malartic Complex and portfolio of over 195 royalties across North America. The company expects 80,000-88,000 GEOs in 2025 at 97% cash margins, proving how innovative financing structures create value while minimizing operational risk. Agnico Eagle Mines (NYSE: AEM) (TSX: AEM) demonstrates operational excellence with strong Q1 2025 performance including operating cash flow of $1.04 billion. The company's recent O3 Mining acquisition for $1.67 per share exemplifies Canadian companies' disciplined approach to accretive consolidation and portfolio optimization. Magma Silver: Canadian Expertise Meets Peruvian Opportunity Magma Silver Corp. (TSX-Venture: MGMA) (OTCQB: MAGMF) represents a compelling example of how Canadian mining expertise can unlock value in international assets. The company's leadership team combines decades of Canadian capital markets experience with deep technical knowledge of Latin American geology, creating a strategic advantage in advancing the Niñobamba Project in Peru. With access to over $14.5 million in historical exploration data from previous operators including Newmont, AngloGold, Rio Silver and Bear Creek Mining, Magma has built a comprehensive geological database that would typically cost millions to generate. This technical foundation supports the company's upcoming Q4 2025 drilling program at the Jorimina deposit, where Newmont's historical work identified extensive gold and silver anomalies through 2,813 channel samples and over 7,800 meters of drilling, with highlights including 72.3 meters of 1.19 g/t gold from hole JOR-001 and 128 meters of 1.31 oz/t silver. The company secured all required payments under its community access agreement for the Jorimina and Randypata projects, maintaining exploration rights through 2026. With the community agreement in good standing with Comunidad Campesina De Tunsulla, Magma can immediately commence exploration activities. Strategic Infrastructure and Technical Excellence Magma has strategically assembled a comprehensive Peru operations team, establishing both a Lima head office and incorporating Peruvian subsidiary "Minas Sami Plata S.A.C." The company appointed Carlos Agreda Minaya as General Manager, an experienced professional with an MBA from ESAN who has been involved with the Niñobamba property since 2007, while securing Dentons as Peruvian legal counsel. The technical team includes Senior Field Geologist Edgar Leon Choque, a geological engineer with over 30 years of experience managing projects for Canadian companies across Peru and Brazil. Overall team development has been guided by Jeffrey Reeder, P. Geo., Magma's Senior Technical Advisor with three decades of Peruvian mining experience, demonstrating the company's commitment to building trusted local partnerships and regulatory compliance. The Niñobamba Project's geological characteristics align perfectly with Canadian technical strengths in epithermal and porphyry system exploration. The project is interpreted as a high-sulfidation epithermal system with potential transition to deeper porphyry mineralization, exactly the type of complex geological environment where Canadian technical expertise provides maximum value. Capital Markets Advantage Magma Silver's listing on the TSX Venture Exchange provides access to one of the world's most sophisticated capital markets for resource companies. Canadian exchanges have developed specialized regulatory frameworks and investor bases that understand exploration-stage mining companies' unique requirements, creating financing advantages that many international competitors lack. The company's recent appointment of seasoned capital markets veteran Michael Townsend to the board demonstrates how Canadian companies leverage deep networks of technical and financial expertise. Townsend's experience raising over $180 million in equity through Altus Capital Partners represents the capital markets sophistication that enables Canadian companies to fund aggressive exploration programs. Strategic Positioning for Growth With full control of all three zones at Niñobamba spanning 4,100 hectares, Magma has consolidated a district-scale opportunity under Canadian management and technical oversight. This consolidation strategy reflects Canadian best practices in resource development, where controlling large, contiguous land packages enables systematic exploration and optimal resource delineation. The company's upcoming drilling program represents a strategic inflection point where Canadian technical excellence meets proven Peruvian geology. With environmental permits in place and community agreements secured, Magma is positioned to execute a comprehensive exploration program that leverages both Canadian operational expertise and local geological knowledge. As global resource markets become increasingly competitive and technically demanding, the advantages that Canadian companies bring to international projects become increasingly valuable. Magma Silver combines technical excellence in exploration targeting, strategic asset consolidation, and access to sophisticated Canadian capital markets. With Peru's proven geological endowment and regulatory stability combined with Canadian technical and financial capabilities, Magma Silver is strategically positioned to emerge as a significant player in the global precious metals sector. Disclaimer: All opinions and information provided above are intended for educational and research purposes only. The information provided above should be used as a starting point for conducting any research on the public companies discussed. All readers should do their own due diligence and research when determining which investment strategies are best suited for them or seek the advice of an investment professional prior to making an investment decision. The profiles of the above discussed public companies are not in any way a solicitation or a recommendation to buy, sell or hold their securities. Magma Silver Corp. has initiated for digital media advertising valued at thirteen thousand five hundred dollars. Any forward-looking statements set forth in the article above are based on expectations, estimates and projections at the time such statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as 'projects,' 'foresees' 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes,' 'understands' or by statements indicating certain actions 'may,' 'could' or 'might' occur. There is no guarantee past performance will be indicative of future results or that any such forward-looking projections will occur. For a complete disclaimer, investors are encouraged to click here: View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
Business Insider
24-07-2025
- Business
- Business Insider
Franco-Nevada acquires 1.0% NSR on AngloGold's Arthur Gold Project, Nevada
Franco-Nevada's (FNV) wholly-owned subsidiary has acquired an existing 1.0% net smelter return royalty, or NSR, on AngloGold's (AU) Arthur Gold Project from Altius Minerals Corporation (ATUSF) for $250M in cash, plus a contingent cash payment of $25M payable subject to the achievement of certain conditions. The ongoing drill program expanded the resource by 20% year over year, taking the most recently stated gold Mineral Resource base to 3.4 million ounces of Indicated Mineral Resources and 12.9 million ounces of Inferred Mineral Resources. The Arthur Gold Project has Mineral Resource base across the Merlin and Silicon deposits for a total of 3.4 Moz of gold Indicated Mineral Resources and 12.9 Moz of gold Inferred Mineral Resources. AngloGold has completed 430 km of drilling as of year-end 2024, inclusive of 132 km of drilling completed in 2024. AngloGold is currently focused on advancing a PFS for the project with expected completion by the end of 2025 or early 2026. Funding of the transaction was completed with cash on hand, and a $175M draw from the company's $1B corporate credit facility. Altius holds the remaining 0.5% NSR royalty, with respect to which Franco-Nevada has been granted certain pre-emptive rights on a sale by Altius. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Business Wire
23-07-2025
- Business
- Business Wire
Altius Completes Sale of 2/3 of its Silicon Gold 1.5% NSR to Franco-Nevada
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)-- Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) Altius Minerals Corporation ('Altius') is pleased to announce that Altius Royalty Corporation ('ARC'), a wholly-owned subsidiary of Altius, has completed the sale of a 1% NSR royalty covering the Silicon and Merlin gold deposit discoveries in Nevada ('1% NSR Silicon Royalty') to a wholly owned subsidiary of Franco-Nevada Corporation ('Franco-Nevada') (TSX & NYSE: FNV) ('The Transaction'), pursuant to a royalty purchase agreement entered into by ARC and Franco-Nevada (the 'Agreement'). ARC will continue to hold a remaining 0.5% NSR royalty interest in Silicon (recently renamed to the Arthur Gold Project by AngloGold Ashanti plc ('AGA') as a long-term component of its diversified portfolio. The purchase price for the 1% NSR Silicon Royalty interest is US$ 275 million (~ C$ 375 million) comprised of US$ 250 million in upfront cash paid at closing and a further payment of US $25 million in cash payable upon the conclusion of an ongoing arbitration process that confirms the area subject to the royalty under final award to be consistent with Altius's interpretation of the partial award of the arbitration tribunal that was issued and reported on earlier this year. The Board of Directors of Altius has received a fairness opinion from Cormark Securities Inc. which opinion concluded that, based upon and subject to the assumptions made, procedures followed, matters considered, limitations and qualifications set out therein, the consideration to be received by ARC pursuant to the Transaction is fair, from a financial point of view, to ARC. Brian Dalton, CEO of Altius commented, 'We are pleased to partner with Franco-Nevada on this royalty, which encompasses AGA's world-class Silicon and Merlin gold deposit discoveries in Nevada, as well as extensive areas of prospective surrounding land. The Transaction crystallizes significant value for shareholders while further demonstrating the ability of Altius's Project Generation business to amplify the return profile of its overall royalty investment portfolio. The decision to retain a third of our Silicon royalty interest also provides continuing growth exposure to this emerging gold district, while confirming the addition of precious metals as a long-term, well-balanced component of our shareholder's diversified royalty portfolio. We now look forward to the ability to explore a wider set of capital allocation and deployment opportunities, facilitated by a considerably strengthened balance sheet and liquidity profile, and to further growing shareholder value.' Anticipated Benefits to Altius Shareholders Capital Allocation Opportunities Cash, after taxes and fees, expected to increase to more than C$ 360 million (assumes up front and further payment proceeds from this Transaction and also from the recent acquisition of Orogen Royalties Inc. by Triple Flag Precious Metals Corp.) Total liquidity increased to more than C$ 540 million (including C$ 116 million available under a revolving credit facility and C$ 62.5 million potentially available under an accordion feature) Creates enhanced flexibility to evaluate external M&A opportunities while limiting equity level dilution of existing assets and the embedded growth potential of our portfolio Improves ability to opportunistically increase per share exposure to existing royalty interests through share repurchases Retained Royalty Exposure Continuing optionality exposure to gold resource growth 1 from current ~16 Moz resource estimate at the Arthur Gold Project, as AGA continues aggressive exploration and delineation drilling programs and the reporting of encouraging results Achieves rebalance of commodity exposures while confirming precious metals and another tier-1 quality royalty as components of Altius's long-term, diversified portfolio. For further information, please see the updated Altius corporate presentation posted to the website at 1 See Expanded Silicon Project Update presentation Financial and Legal Advisors Cormark Securities Inc. is acting as financial advisor to Altius. Stikeman Elliott LLP is acting as legal counsel to Altius and ARC. About Altius Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership. These macro-trends each hold the potential to cause higher demand for many of Altius's commodity exposures including potash, high purity iron ore, renewable energy, base metals, and gold . In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for royalties and that has a demonstrated track record of driving outsized direct returns from its overall royalty investment portfolio. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining Indices and the S&P/TSX Canadian Dividend Aristocrats Index. Forward Looking Information This news release contains forward-looking information. The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations. The information in this news release about the any anticipated benefits of the transaction to Altius Shareholders, timing and results of the ongoing arbitration process in respect of the Silicon royalty and possibility of ARC being paid contingent consideration of US$25 million following conclusion thereof, and any other information herein that is not a historical fact may be forward looking information. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Although Altius believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Readers should not place undue reliance on forward-looking information. Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulations.
Cision Canada
23-07-2025
- Business
- Cision Canada
Franco-Nevada Announces Acquisition of 1.0% NSR on AngloGold's Arthur Gold Project in Nevada
(in U.S. dollars unless otherwise noted) TORONTO, July 23, 2025 /CNW/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) & (NYSE: FNV) is pleased to announce that its wholly-owned subsidiary has acquired an existing 1.0% net smelter return royalty (the "Royalty") on AngloGold Ashanti plc's ("AngloGold") Arthur Gold Project (previously the Expanded Silicon Project) from Altius Minerals Corporation ("Altius") for $250 million in cash, plus a contingent cash payment of $25 million payable subject to the achievement of certain conditions as described below. The Arthur Gold Project is one of the largest and fastest growing new gold discoveries in the United States. The ongoing drill program expanded the resource by 20% year over year, taking the most recently stated gold Mineral Resource base to 3.4 million ounces of Indicated Mineral Resources and 12.9 million ounces of Inferred Mineral Resources. "We are pleased to acquire this existing Royalty on the Arthur Gold Project, which is one of the most exciting new gold discoveries in Nevada," said Paul Brink, President & CEO of Franco-Nevada. "AngloGold, a tier-1 operator, has been rapidly growing the resource base at Arthur since its initial discovery in 2018. This acquisition will further add to our portfolio of Nevada royalties, and we look forward to the long-term growth potential of the asset and the overall district as AngloGold continues to advance the project." Transaction Highlights Royalty on a Tier-1 gold asset in Nevada: The Royalty applies to a substantial land package in the Beatty District of Nevada covering the vast majority of the existing Mineral Resource of the Arthur Gold Project (including both Merlin and Silicon deposits) within a base area of interest with no step-downs or buydown provisions, providing the potential for decades of stable gold cash flow once in production. The ongoing arbitration will determine the extent of the expanded royalty footprint, which is expected to expand by several multiples upon the area encompassed by the base area of interest to include substantially all of the existing Mineral Resource of the Arthur Gold Project and providing further exposure to the large and highly prospective land package 1. Extensive Mineral Endowment with Exploration Potential: The Arthur Gold Project has a large and rapidly growing Mineral Resource base across the Merlin and Silicon deposits for a total of 3.4 Moz of gold Indicated Mineral Resources (122 Mt at 0.87 g/t Au) and 12.9 Moz of gold Inferred Mineral Resources (391 Mt at 1.03 g/t Au). The project is one of Nevada's most exciting new discoveries with Mineral Resources having grown rapidly since first discovery in 2018 and the maiden Resource estimate in 2021. AngloGold has completed 430 km of drilling as of year-end 2024, inclusive of 132 km of drilling completed in 2024 with two reverse circulation and seven diamond core rigs. Project Advancing Under Strong Operator: AngloGold is currently focused on advancing a PFS for the project with expected completion by the end of 2025 or early 2026. The Arthur Gold Project is envisioned as a large oxide project with both heap leach and milling operations. The project is a Tier-1 opportunity for AngloGold. In addition to completing a PFS, key priorities for AngloGold in 2025 include advancing further infill drilling, a potential upgrade in resources to reserves, and executing strategic land and water rights acquisitions. Key Transaction Terms Franco-Nevada has acquired the 1.0% NSR royalty from Altius for $250 million, with a further $25 million in cash payable dependent upon the final award outcome of an ongoing arbitration process between Altius and AngloGold that confirms that the full extent of the royalty beyond the base area of interest is substantially consistent with that of Altius' interpretation of a partial award of the arbitration tribunal that it reported on earlier this year. The transaction was structured as an asset sale and Franco-Nevada will deplete the full purchase price on a units of production basis for tax depletion purposes. Funding of the transaction was completed with cash on hand, and a $175 million draw from the Company's $1 billion corporate credit facility. Altius holds the remaining 0.5% NSR royalty, with respect to which Franco-Nevada has been granted certain pre-emptive rights on a sale by Altius. Advisors BMO Capital Markets and TD Securities acted as financial advisors to Franco-Nevada. Franco-Nevada Corporate Summary Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets. Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation. Franco-Nevada uses its free cash flow to expand its portfolio and pay dividends. It trades under the symbol FNV on both the Toronto and New York stock exchanges. Franco-Nevada is the gold investment that works. Additional Information Scientific and technical information included in this news release has been reviewed by Darrol van Deventer, Vice President, Mining of Franco-Nevada, a non-independent qualified person under National Instrument 43-101. Forward-Looking Statements This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, respectively, which may include, but are not limited to, statements with respect to future events or future performance, including the outcome of the ongoing arbitration relating to the Royalty coverage and the expected future performance of the Arthur Gold Project and the Royalty. In addition, statements relating to mineral resources and mineral reserves, gold equivalent ounces ("GEOs") or mine lives are forward-looking statements, as they involve implied assessment, based on certain estimates and assumptions, and no assurance can be given that the estimates and assumptions are accurate and that such mineral resources and mineral reserves, GEOs or mine lives will be realized. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "potential for", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Franco-Nevada to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. A number of factors could cause actual events or results to differ materially from any forward-looking statement, including, without limitation: fluctuations in the prices of the primary commodities that drive royalty and stream revenue (gold, platinum group metals, copper, nickel, uranium, silver, iron ore and oil and gas); fluctuations in the value of the Canadian and Australian dollar, Mexican peso, and any other currency in which revenue is generated, relative to the U.S. dollar; changes in national and local government legislation, including permitting and licensing regimes and taxation policies and the enforcement thereof; proposed tariff and other trade measures that may be imposed by the United States and proposed retaliatory measures that may be adopted by its trading partners; the adoption of a global minimum tax on corporations; regulatory, political or economic developments in any of the countries where properties in which Franco-Nevada holds a royalty, stream or other interest are located or through which they are held; risks related to the operators of the properties in which Franco-Nevada holds a royalty, stream or other interest, including changes in the ownership and control of such operators; relinquishment or sale of mineral properties; influence of macroeconomic developments; business opportunities that become available to, or are pursued by Franco-Nevada; reduced access to debt and equity capital; litigation; title, permit or license disputes related to interests on any of the properties in which Franco-Nevada holds a royalty, stream or other interest; whether or not the Company is determined to have "passive foreign investment company" ("PFIC") status as defined in Section 1297 of the United States Internal Revenue Code of 1986, as amended; potential changes in Canadian tax treatment of offshore streams; excessive cost escalation as well as development, permitting, infrastructure, operating or technical difficulties on any of the properties in which Franco-Nevada holds a royalty, stream or other interest; access to sufficient pipeline capacity; actual mineral content may differ from the mineral resources and mineral reserves contained in technical reports; rate and timing of production differences from mineral resource estimates, other technical reports and mine plans; risks and hazards associated with the business of development and mining on any of the properties in which Franco-Nevada holds a royalty, stream or other interest, including, but not limited to unusual or unexpected geological and metallurgical conditions, slope failures or cave-ins, sinkholes, flooding and other natural disasters, terrorism, civil unrest or an outbreak of contagious disease; the impact of future pandemics; and the integration of acquired assets. The forward-looking statements contained in this press release are based upon assumptions management believes to be reasonable, including, without limitation: the ongoing operation of the properties in which Franco-Nevada holds a royalty, stream or other interest by the owners or operators of such properties in a manner consistent with past practice; the accuracy of public statements and disclosures made by the owners or operators of such underlying properties; no material adverse change in the market price of the commodities that underlie the asset portfolio; the Company's ongoing income and assets relating to determination of its PFIC status; no material changes to existing tax treatment; the expected application of tax laws and regulations by taxation authorities; the expected assessment and outcome of any audit by any taxation authority; no adverse development in respect of any significant property in which Franco-Nevada holds a royalty, stream or other interest; the accuracy of publicly disclosed expectations for the development of underlying properties that are not yet in production; integration of acquired assets; and the absence of any other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. However, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance. In addition, there can be no assurance as to (i) the outcome of the ongoing audit by the CRA or the Company's exposure as a result thereof, or (ii) the future status and any potential restart of the Cobre Panama mine or the outcome of any related arbitration proceedings. Franco-Nevada cannot assure investors that actual results will be consistent with these forward-looking statements. Accordingly, investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. For additional information with respect to risks, uncertainties and assumptions, please refer to Franco-Nevada's most recent Annual Information Form as well as Franco-Nevada's most recent Management's Discussion and Analysis filed with the Canadian securities regulatory authorities on and Franco-Nevada's most recent Annual Report filed on Form 40-F filed with the SEC on The forward-looking statements herein are made as of the date of this press release only and Franco-Nevada does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. SOURCE Franco-Nevada Corporation
