Franco-Nevada Corporation agreed to make an equity investment in Minerals 260 Limited as part of a broader A$220 million financing package for the Bullabulling Gold Project in Western Australia. Franco-Nevada committed to subscribe for A$50 million of Minerals 260 ordinary shares by purchasing 111,111,111 shares at A$0.45 per share, and is expected to own about 4.9% of Minerals 260’s issued and outstanding shares upon closing. Franco-Nevada said it intends to fund the investment from cash on hand.

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