Corporate Profile

Franco-Nevada holds a portfolio of approximately 285 royalties and other investments in gold and other precious metals, natural gas, oil and base metals operated by some of the world's most respected operators, including: Barrick, Xstrata and EnCana. The portfolio includes assets in production, under development or in the exploration phase mostly located in geopolitically secure countries.

Franco-Nevada generates significant cash flow from royalties on assets in production, including Goldstrike (gold), Stillwater (PGMs), and its interests in more than 100 oil and natural gas properties located in Western Canada. In recent years, Franco-Nevada has had growing cash flows from Bald Mountain, Marigold, Robinson, Pandora and Falcondo.  Cash flow has recently initiated from assets which are ramping up production, including Cerro San Pedro and Mesquite.  Franco-Nevada expects to generate future cash flows from royalties on a further 15 mineral properties under development or in advanced exploration, including Detour Lake, Rosemont, Hollister, Holloway-Holt, Wiluna, Dee Gold, Pinson and Hemlo (Interlake). Franco-Nevada also has an effective working interest of approximately 9% in certain gas resources in the Canadian Arctic, totaling approximately 1,140 BCF (net to the portfolio), the largest undeveloped gas fields in North America.

Longer-term, Franco-Nevada expects to generate value for shareholders through approximately 145 mineral exploration properties and from approximately 100,000 unproven oil and gas rights acreage.

Franco-Nevada intends to use its free cash flow to further expand its portfolio in the resource sector and to pay dividends.