G Mining Ventures Completes Second and Final Draw on $75 Million Term Loan from Franco-Nevada [Yahoo! Finance]
Franco-Nevada Corporation (FNV)
Last franco-nevada corporation earnings: 3/9 05:00 pm
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Source: Yahoo! Finance
GMIN " or the " Corporation ") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that it has drawn the remaining approximately $33 million on its $75 million senior secured term loan with an affiliate of Franco-Nevada Corporation (" Franco- Nevada "), as previously announced in July 2022 . The proceeds of the term loan will be used to continue the development and construction of GMIN's 100% owned Tocantinzinho Gold Project (" TZ " or the " Project "), currently under construction in the State of Pará, Brazil . The Project remains on track and on budget for commercial production in H2-2024. In connection with the draw on the term loan, GMIN provided evidence to Franco-Nevada that it has sufficient funding to fully satisfy the remaining Project costs required to achieve commercial production and Project completion, as was the case for the first draw of approximately $42 million previously announced on January 30, 2024 Louis-Pierre Gignac , President & Chief Executive Officer, commen
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News
- Franco-Nevada Corporation (NYSE:FNV) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Franco-Nevada First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Franco-Nevada Announces Election of Directors [Yahoo! Finance]Yahoo! Finance
- Franco-Nevada Announces Election of DirectorsPR Newswire
- Franco-Nevada Reports Q1 2024 Results [Yahoo! Finance]Yahoo! Finance
FNV
Earnings
- 5/1/24 - Beat
FNV
Sec Filings
- 5/2/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/17/24 - Form 6-K
- FNV's page on the SEC website