Trident Royalties Plc (GB:TRR) has released an update.
Trident Royalties Plc reported a 6% decrease in quarterly receipts for Q1 2024, primarily due to lower gold deliveries, but expects increased revenue with the upcoming Greenstone Project’s gold production and the Thacker Pass Lithium Project’s construction funded by a significant U.S. Department of Energy loan. The company also highlighted its acquisition of an increased stake in the Sugar Zone mine’s offtake and significant fundraising for the Antler Copper Project, setting a strong foundation for growth in cash flow and further portfolio expansion.
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