TSX:FNV 92.46 -1.17 -1.25%
Volume 523,312
February 16, 2018
NYSE:FNV 73.67 -1.32 -1.76%
Volume 659,834
February 16, 2018
Gold 1,347.53 -5.62 -0.42%
Volume
February 19, 2018
Contact Share

Location: British Columbia
Operator: Taseko Mines Limited
Stream: 22% Gold Stream

Franco-Nevada has the right to acquire a 22% gold stream on the Prosperity (now New Prosperity) copper-gold project in British Columbia, 100% owned by Taseko Mines Limited (“Taseko”). Franco-Nevada committed to provide a $350 million deposit and warrant consideration for the construction of New Prosperity when the project was fully permitted and financed. On February 27, 2014 the Government of Canada announced that it would not issue the federal authorizations necessary for New Prosperity to proceed. Franco-Nevada’s financing commitment remains available to Taseko, but can be terminated at the option of Franco-Nevada.