Franco-Nevada Adds About $143 Million in Funding for Minerals 260's Gold Project
MT newswire2026/09/14 08:13Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
04:13 AM EDT, 09/14/2026 (MT Newswires) -- Franco-Nevada (FNV) has agreed to provide a financing package worth 200 million Australian dollars ($142.8 million) to further support Minerals 260's Bullabulling Gold Project, the company said over the weekend. The gold-focused royalty and streaming company will acquire an additional AU$170 million gross royalty from Minerals 260 and will subscribe for AU$30 million of Minerals 260's ordinary shares as a lead order in a future equity raise, it said. The follow-on package adds to the AU$220 million Franco-Nevada committed in February, bringing its total financial support for the project to AU$420 million. The latest investment, which will be funded with cash on hand, will increase Franco-Nevada's gross royalty interest in Bullabulling to nearly 3.9% from 2.45%, it added.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Brenntag prices €500 million seven-year bond at 4.25% coupon
Reuters•2026/09/14 08:34
Ocugen Insider Sold Shares Worth $589,110, According to a Recent SEC Filing
MT newswire•2026/09/14 08:32
Natera Insider Sold Shares Worth $16,398,267, According to a Recent SEC Filing
MT newswire•2026/09/14 08:32
Alignment Healthcare Insider Sold Shares Worth $7,121,671, According to a Recent SEC Filing
MT newswire•2026/09/14 08:31
Crypto prices
MoreBitcoin
BTC
$77,743.14
+1.01%
Ethereum
ETH
$2,521.75
+0.55%
Tether USDt
USDT
$0.9995
-0.01%
BNB
BNB
$724.46
+0.46%
XRP
XRP
$1.39
+2.65%
USDC
USDC
$0.9999
+0.02%
Solana
SOL
$101.45
+1.04%
TRON
TRX
$0.3393
-0.12%
Hyperliquid
HYPE
$79.72
+1.62%
Zcash
ZEC
$1,139.36
+1.07%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now