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0 -0.000439431668375584 -0.000219715834187792 0.000915482642449099 -0.000329573751281584 0.00275889849128481 -0.000256335139885723 -0.00215907426395182
Stock impact report

Silver Crown Royalties Acquires Silver Royalty From BacTech Environmental [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
the "Company") (Cboe:SCRI; OTCQX:SLCRF; FRA:QS0) is pleased to announce the signing of a definitive royalty purchase agreement (the " Agreement ") with BacTech Environmental Corporation (" BacTech ") (CSE:BAC, OTCQB:BCCEF). Pursuant to the terms of the Agreement, SCRi will be granted a royalty on BacTechs's future bioleaching facility in Tenguel, Ecuador (the " Project ") equal to the cash equivalent of 90% of the silver processed at Project (the " Royalty "). Additionally, the Royalty provides that SCRi is to receive payments of a minimum 35,000 ounces annually for at least ten years following the commencement of regular processing operations at the Project (" Commercial Production The total purchase price for the Royalty is C$4,000,000 in SCRi units (" Units ") at a deemed value of C$10.00 per Unit, with each Unit consisting of a common share of SCRi and a common share purchase warrant entitling the holder to acquire an additional Common Share at a price of C$16.00 for a period of Show less Read more
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