Common Contracts
2 similar Acquisition Agreement contracts by FRANCO NEVADA Corp
TORONTO, September 22, 2011 - Franco-Nevada Corporation (TSX: FNV) (NYSE: FNV) (“Franco-Nevada”) and Lumina Royalty Corp (“Lumina Royalty”) have entered into an arrangement agreement whereby Franco-Nevada will acquire all of the common shares of...Acquisition Agreement • September 22nd, 2011
• A 1.5% net smelter return ("NSR") royalty on Teck Resources Ltd.'s Relincho copper/molybdenum advanced development project located in Region III, Chile. Teck has indicated that it expects to complete a pre-feasibility study for the project in the third quarter of 2011 and has also indicated the potential for annual production of approximately 190,000 tonnes of copper in concentrate and 7,000 tonnes of molybdenum in concentrate over an estimated mine life of more than 20 years. Under the terms of the royalty, payments begin four years following the date of commercial production at Relincho.
Franco-Nevada to Acquire Lumina Royalty Corp. for $66 millionAcquisition Agreement • September 22nd, 2011 • FRANCO NEVADA Corp • Gold and silver ores
TORONTO, September 22, 2011 - Franco-Nevada Corporation (TSX: FNV) (NYSE: FNV) (“Franco-Nevada”) and Lumina Royalty Corp (“Lumina Royalty”) have entered into an arrangement agreement whereby Franco-Nevada will acquire all of the common shares of Lumina Royalty by way of a court approved plan of arrangement for US$60 million in Franco-Nevada common shares and US$6 million in listed Franco-Nevada warrants (TSX: FNV.WT.A with a C$75.00 exercise price, expiring June 16, 2017). Under the arrangement, Lumina Royalty shareholders will receive 0.03487 Franco-Nevada common shares and 0.01917 Franco-Nevada warrants for each Lumina Royalty common share held.
