Franco-Nevada Enters $100M Financing Deal with Orezone
Franco-Nevada Corporation (FNV) announced that, through a wholly-owned Canadian subsidiary, it has entered into a $100M gold stream financing transaction with Orezone Gold Corporation (ORZCF) to support its acquisition of Hecla Mining Company's (HL) producing Casa Berardi Gold Mine and all other Quebec assets, including the Heva-Hosco Gold Project. "We are pleased to add another operating gold mine to our Canadian portfolio and to partner with Orezone on this transformative transaction," said Paul Brink, President & CEO of Franco-Nevada. "Patrick and the Orezone team are proven operators and developers, and we are excited to partner with them as they build Casa Berardi's next chapter."
