Cobre Panama Supreme Court Update

Franco-Nevada Corporation (" Franco- Nevada ") (TSX: FNV) (NYSE: FNV) is aware that the Supreme Court of Panama announced this morning that Law 406, the law that approved the revised concession contract for the Cobre Panama mine, is unconstitutional. Franco- Nevada is in communication with its partner First Quantum Minerals Ltd. and will provide further updates as they are available.

Forward-   Looking   Statements

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, respectively, which may include, but are not limited to, statements with respect to the impact of the unconstitutionality ruling of the Supreme Court of Panama with respect to Law 406. The outcome of these matters could have a material adverse impact on the revenue Franco-Nevada derives from its streaming arrangements relating to Cobre Panama and on Franco-Nevada's results of operations and financial condition. There can be no assurance that such forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance. Accordingly, investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein.

For additional information with respect to risks, uncertainties and assumptions relating to Franco-Nevada's business and assets, please refer to Franco-Nevada's most recent Annual Information Form filed with the Canadian securities regulatory authorities on www.sedarplus.com and Franco-Nevada's most recent Annual Report filed on Form 40-F filed with the SEC on www.sec.gov . The forward-looking statements herein are made as of the date of this press release only and Franco-Nevada does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law.

Cision View original content: https://www.prnewswire.com/news-releases/cobre-panama-supreme-court-update-301999333.html

SOURCE Franco-Nevada Corporation

Cision View original content: http://www.newswire.ca/en/releases/archive/November2023/28/c0371.html

News Provided by Canada Newswire via QuoteMedia

FNV:CA
The Conversation (0)
Metal Hawk Limited

$2.5M Capital Raise to Advance Gold Exploration at Leinster South

Metal Hawk Limited (ASX: MHK, “Metal Hawk” or the “Company”) is pleased to announce that it has received firm commitments from sophisticated investors to raise A$2.5 million (before costs) by way of placement (the “Placement”). The majority of the placement was completed by the Company’s existing major shareholders.

Keep reading...Show less
Brightstar Resources

RC Drilling Commenced at Montague Gold Project

Brightstar Resources Limited (ASX: BTR) (Brightstar) is pleased to announce the commencement of its inaugural drilling program at the recently acquired1 Montague East Gold Project (Montague), located 70km north of Sandstone in Western Australia’s Murchison region.

Keep reading...Show less
Horizon Minerals Limited

Phillips Find Mining Update

Horizon Minerals Limited (ASX: HRZ) (“Horizon” or “the Company”) is pleased to provide an update on the development of the Phillips Find Gold Project (“Phillips Find”).

Keep reading...Show less
Piche Resources (ASX:PR2)

Ashburton Drilling Programme Delivers Further Significant Uranium Intersections

Piche Resources Limited (ASX: PR2) (“Piche” or the “Company”) is pleased to announce the final results from its recently completed reverse circulation and diamond drilling programme at the Ashburton uranium project in Western Australia.

Keep reading...Show less
Metal Hawk Limited

Metal Hawk Limited (ASX: MHK) – Trading Halt

Description

The securities of Metal Hawk Limited (‘MHK’) will be placed in trading halt at the request of MHK, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 14 November 2024 or when the announcement is released to the market.

Keep reading...Show less
Astral Resources

More Wide, High-Grade Intercepts at Kamperman

Significant assays such as 33m at 3.75g/t Au with high-grade zones up to 63.4g/t Au confirm the high-grade nature and upside potential of the Kamperman Deposit

Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to report assay results for the final 11 holes for 1,254 metres of the recently completed 31-hole (3,834-metre) in-fill and extensional RC drill program at the Kamperman Prospect, part of the 100%-owned Feysville Gold Project (Feysville), located approximately 14km south of Kalgoorlie in Western Australia (Figure 1).

Keep reading...Show less

Latest Press Releases

Related News

×