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Lundin Gold Enters Silver Stream Deal With LunR Royalties

LUG.TO
Commodities & Raw MaterialsM&A & RestructuringCompany Fundamentals

Lundin Gold announced a definitive silver stream agreement with LunR Royalties for its Fruta del Norte gold mine. The transaction monetizes future silver byproduct and should provide Lundin with alternative financing / upfront proceeds to support project economics and liquidity.

Analysis

Lundin Gold announced a definitive silver stream agreement with LunR Royalties for its Fruta del Norte gold mine. The transaction monetizes future silver byproduct and should provide Lundin with alternative financing / upfront proceeds to support project economics and liquidity.

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LUG.TO0.40