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Franco-Nevada Update on Arbitration Proceeding in Panama

1. Franco-Nevada suspended arbitration for the Cobre Panama mine. 2. The legality concerns have been raised with the Panamanian government. 3. Franco-Nevada seeks a resolution benefiting all parties involved. 4. The arbitration was initiated under the Canada-Panama Free Trade Agreement.

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FAQ

Why Bullish?

Suspension of arbitration may lead to improved relations and operational stability for FNV.

How important is it?

The update indicates potential for operational improvement which may affect stock performance positively.

Why Long Term?

A stable resolution with Panama can secure Franco-Nevada's supply chain and growth prospects over time.

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GOLDNEMKL
, /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada") (TSX: FNV) (NYSE: FNV) provides an update regarding its arbitration proceeding related to the Cobre Panama mine. Following engagement with the Government of Panama's legal counsel, Franco-Nevada has agreed today to suspend its arbitration proceeding. Franco-Nevada had previously filed a request for arbitration under the Canada-Panama Free Trade Agreement to the International Centre for Settlement of Investment Disputes on June 27, 2024. Franco-Nevada reiterates its hope for a resolution with the State of Panama providing the best outcome for the Panamanian people and all parties involved. SOURCE Franco-Nevada Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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