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Stock impact report

Trident Royalties PLC Announces Q4 2023 Activities Update [Yahoo! Finance]

Equinox Gold Corp. Common Shares (EQX) 
Company Research Source: Yahoo! Finance
royalty company, is pleased to provide an update on its activities during the quarter ended 31 December 2023. HIGHLIGHTS · Quarterly receipts of US$3.2 million from exposure to gold, copper, and iron ore, a 63% increase from Q3 2023, driven principally by seasonally higher deliveries from the gold offtake portfolio. · Excluding the Mimbula copper royalty, receipts were slightly above Q4 2022. Mimbula concluded a minimum payment schedule in Q2 2023 following full recovery of Trident's initial investment. Trident retains a 0.3% gross revenue royalty over Mimbula, which is continuing its ramp-up as noted in more detail below. · The Company delivered several key undertakings during the quarter, including: Acquisition of a net smelter return royalty over the advanced stage, high-grade copper-zinc Antler deposit in Arizona, USA, being advanced by ASX-listed New World Resources Entered into a commitment letter with BMO Capital Markets and CIBC for a new, lower-cost US$40 million Show less Read more
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