SolGold secures US$750M gold stream with Osisko and Franco-Nevada | 2024-07-15 | Investing News

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  • SolGold (TSX:SOLG) has signed a US$750 million syndicated gold stream agreement with Franco-Nevada (TSX:FNV) and Osisko Gold Royalties (TSX:OR) on its Cascabel project in Ecuador, representing the most significant investment in the country’s mining history
  • Franco-Nevada and Osisko will receive 20 per cent of the gold recovered from Cascabel until 750,000 ounces, then reducing to 12 per cent for the life of the mine
  • SolGold is dedicated to generating shareholder value through the discovery, definition and development of world-class copper and gold deposits
  • SolGold stock has given back 48.28 per cent year-over-year and 69.39 per cent since 2019

SolGold (TSX:SOLG) has signed a US$750 million syndicated gold stream agreement with Franco-Nevada (TSX:FNV) and Osisko Gold Royalties (TSX:OR) on its Cascabel project in Ecuador, representing the most significant investment in the…

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