Franco-Nevada Announces Acquisition of 1.0% NSR on AngloGold's Arthur Gold Project in Nevada
1. Franco-Nevada acquires 1.0% royalty on AngloGold's Arthur Gold Project for $250 million. 2. The Arthur Gold Project boasts 3.4 Moz indicated and 12.9 Moz inferred resources. 3. Ongoing drilling increased resources by 20% year-over-year, showcasing growth potential. 4. AngloGold plans a PFS completion by 2025, enhancing project value further. 5. Transaction funded by cash and a $175 million credit facility draw.