Franco-Nevada supports measures to address the COVID-19 pandemic and it is now into its fourth week of having its employees work remotely. There are no known cases in the Company. Franco-Nevada has a very small organization and the transition to working remotely is working well. The business development team has also developed work-arounds for [...]
Franco-Nevada Corp. announced that its Annual Information Form, Consolidated Annual Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2019 have been filed with Canadian securities regulatory authorities. Franco-Nevada has also filed its Form 40-F for the year ended December 31, 2019 with the U.S [...]
Growing free cash flow and strong outlook "I am pleased that Franco-Nevada is reporting its best results ever," stated David Harquail, CEO. "Record quarterly and annual results were achieved across all our important sales and financial metrics. Results benefited from the start of precious metals deliveries from Cobre Panama, strong production at [...]
Franco-Nevada Corp. is pleased to announce that its Board of Directors has declared a quarterly dividend of US$0.25 per share. The dividend will be paid on March 26, 2020 to shareholders of record on March 12, 2020 . The Canadian dollar equivalent is to be determined based on the daily average rate posted by the Bank of Canada on the Record Date [...]
Designated News Release As previously disclosed, the Canada Revenue Agency is conducting an audit of Franco-Nevada Corp.'s 2012-2015 taxation years and the Company received a reassessment for its 2013 taxation year as described below. Franco-Nevada has now received a proposal letter from the CRA for the 2014 and 2015 taxation years. Franco-Nevada [...]
Initial contributions from Cobre Panama and Marcellus "Franco-Nevada's diversified portfolio performed very well in the third quarter," stated David Harquail, CEO. "Record results were achieved across all our important production and financial metrics. This strong growth has been driven by the start of precious metals deliveries from Cobre Panama [...]
Third Quarter Results Release: November 11th after market close Conference Call and Webcast: November 12th 10:00 am ET Dial?in Numbers: Toll?Free: 1?888?390?0546 International: 416?764?8688 Webcast: www.franco?nevada.com Replay : Toll?Free: 1?888?390?0541 International: 416?764?8677 Pass code: 381202# View original [...]
Franco-Nevada is pleased to announce that it continues to advance its succession planning and board renewal. Recent steps include the promotion of Paul Brink to the role of President and COO at the 2018 AGM and the addition of Jennifer Maki as a new director at the 2019 AGM. At the same meeting, Pierre Lassonde announced his intention to step [...]
Cobre Panama first deliveries received subsequent to quarter end "Franco-Nevada had a strong second quarter and a record first half of the year in terms of revenue, EBITDA and net income" stated David Harquail, CEO. "Subsequent to quarter end, we started to receive our first gold and silver stream ounces from Cobre Panama. The project is ramping [...]
Marcellus Royalty Acquisition Franco-Nevada has entered into an agreement to acquire from Range Resources Corp. an overriding royalty interest on acreage in the Marcellus Shale for a gross purchase price of $300 million. The acquisition has an effective date of March 1, 2019 and is expected to close shortly. The royalty is calculated as 1% of [...]
Franco-Nevada announced that the nominees listed in the management proxy circular for the 2019 Annual and Special Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting yesterday in Toronto are set out below. Nominee Votes For % For Votes Withheld [...]
Dividend Increased for 12th Consecutive Year Ongoing Board and Succession Planning "Franco-Nevada's diversified portfolio performed very well in the first quarter delivering record revenue and net income," stated David Harquail, CEO. "We expect even stronger numbers in the second half as Cobre Panama begins its initial deliveries, Candelaria [...]