Franco-Nevada (FNV) Tops Q2 EPS by 2c

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Franco-Nevada Reports Q2 Results

August 8, 2018 4:40 PM EDT

New Strategic Relationship with Continental Resources

(in U.S. dollars unless otherwise noted)

TORONTO, Aug. 8, 2018 /PRNewswire/ - "We are pleased to have entered into a first-of-its-kind mineral rights acquisition relationship with Continental Resources, Inc. Continental is the leading operator in the SCOOP and STACK oil & gas plays in Oklahoma," commented David Harquail, CEO. "We are excited to be able to work together to grow our royalty revenues effectively through grass-roots acquisitions."

"For 2018, we are increasing our oil & gas guidance while at the same time modestly tempering our guidance for our mining... More