Triple Flag to Acquire a Royalty on Tres Quebradas
Triple Flag Precious Metals Corp. Common Shares (TFPM)
Company Research
Source: Business Wire
TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) is pleased to announce that it has entered into a definitive agreement to acquire an existing 0.5% gross overriding revenue (“GOR”) royalty on the Tres Quebradas construction-stage lithium project from Lithium Royalty Corp. (“LRC”) for total cash consideration of US$28 million. Tres Quebradas, located in Catamarca province, Argentina, is 100%-owned and operated by Zijin Mining Group Co., Ltd. (“Zijin”) through its subsidiary Liex SA. Unless otherwise noted, all dollar amounts in this news release are expressed in US dollars.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241219420851/en/Figure 1: Salar at Tres Quebradas (Photo: Business Wire)“We are pleased to announce this royalty acquisition that adds near-term revenue from a high-grade lithium brine asset with a multi-decade reser
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TFPM
Sec Filings
- 12/19/24 - Form 6-K
- 11/13/24 - Form 6-K
- 11/5/24 - Form 6-K
- TFPM's page on the SEC website