Operator: Alamos Gold Inc.
Royalty: NSR: 2%
Franco-Nevada has a 2% NSR on the Agi Dagi property owned by Alamos Gold Inc. (“Alamos”) and located in northwest Turkey. The NSR covers the Agi Dagi area as well as most of the Camyurt deposit but does not cover the Kirazli area. Alamos’ application process for the forestry and operating permits continues which are required prior to construction. Alamos remains confident that these permits will be granted. An updated capital budget for the project will be presented once all required permits are received.