Franco-Nevada Announces US$ 550 Million Bought Deal Financing
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street dips as higher yields, rising oil prices mark shaky start to SeptemberÂ
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- The Warsh pivot markets didn't expect
Franco-Nevada (FNV) Agrees to Acquire Precious Metals Stream From Glencore for $500M
February 10, 2016 5:11 PM ESTFranco-Nevada Corporation (NYSE: FNV) is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB") has agreed to acquire a precious metals stream with reference to production from the Antapaccay mine for US$500 million ("Glencore Stream"). The Antapaccay mine is located in Southern Peru and is wholly-owned and operated by Glencore plc and its subsidiaries ("Glencore").
"Franco-Nevada is pleased to partner with Glencore," said David Harquail, President and CEO of Franco-Nevada. "Following our recent Antamina and Candelaria investments, this is yet another step in strengthening and diversifying Franco-Nevada's portfolio with... More
