Financial PerformanceThe firm continues to maintain a strong balance sheet, with $1.3B in cash and cash equivalents, $2.3B in available capital, and no debt.
Revenue GrowthManagement noted that overall revenue was up 14% YoY when excluding the impact of Cobre Panama.
Strategic TransactionsFranco-Nevada announced a transaction to support Discovery Silver's proposed acquisition of the Porcupine Complex, which involves a significant 4.25% Net Smelter Return royalty and a $100.0M senior secured term loan.