Franco-Nevada (NYSE: FNV) reported Q1 EPS of $0.35, $0.08 better than the analyst estimate of $0.27. Revenue for the quarter came in at $179.8 million versus the consensus estimate of $170.05 million.

Pierre Lassonde, Chair, added: "I would like to welcome Jennifer Maki who was elected today at our AGM as the newest member of the Franco-Nevada board. Jennifer is the former CEO of Vale Canada and Executive Director of Vale Base Metals and is a Chartered Professional Accountant. She brings a depth of mining and financial experience to our board. On a separate note, today at the AGM, I announced my intention to step down as Chair at the next annual meeting in May 2020. At that point, I will have served as chair for over 12 years. Both announcements are part of an orderly and long-term succession planning process being led by the board."

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