ContractStream Agreement • May 5th, 2020 • Colorado
EX-10.5 2 v52504exv10w5.htm EX-10.5 Exhibit 10.5 ROYALTY STREAM AGREEMENT THIS AGREEMENT is made effective the 20th day of January, 2009, by and between Coeur Mexicana S. A. de C. V., herein referred to as “Operator”, and Franco-Nevada Mexico Corporation S. A. de C. V. herein referred to as “Payee”. Operator, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, has granted, bargained, sold, remised, released, and forever assigned, and by these presents does grant, bargain, sell, remise, release and forever assign, unto the Payee the rights and interests, subject to the obligations, set forth below. WHEREAS Operator has agreed to sell and Payee has agreed to purchase a royalty stream relating to the Palmarejo Project in Mexico for a purchase price of up to US$75,000,000 in cash and US$5,000,000 in Special Warrants, exercisable into common shares of the public parent of the Payee on the satisfaction of certain conditions on or before Septembe
