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Stock impact report

Scottie Resources Closes Financing Package with Franco-Nevada Corporation [Yahoo! Finance]

Franco-Nevada Corporation (FNV) 
Last franco-nevada corporation earnings: 3/9 05:00 pm Check Earnings Report
US:NYSE Investor Relations: franco-nevada.com/investors/default.aspx
Company Research Source: Yahoo! Finance
VANCOUVER, BC April 15, 2024 /CNW/ - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE:SR8) (" Scottie " or the " Company ") is pleased to announce that it has closed the previously announced financing arrangement with Franco-Nevada Corporation (TSX, NYSE: FNV) (" Franco- Nevada Further to the Company's new release dated April 2, 2024 , Scottie has completed the sale and grant of a 2.0% gross production royalty (the " Royalty ") to Franco-Nevada for C$8,100,000 (the " Royalty Transaction "). The Royalty applies to all minerals produced on Scottie's claims in the Stewart Mining Camp in the Golden Triangle, including those claims which are held under option by Scottie and any claims subsequently acquired by Scottie within a customary area of interest around its existing claims. Franco- Nevada has also been granted the option to purchase an additional 0.5% gross production royalty upon the decision by Scottie to proceed with construction of a project or acceptance by Scottie Show less Read more
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