Lundin Gold Silver Stream Deal Reshapes Shareholder Exposure And Valuation
Lundin Gold (TSX:LUG) announced a $670 million silver stream for equity deal with LunR Royalties tied to its Fruta del Norte mine. As part of the transaction, Lundin Gold plans to distribute shares of LunR Royalties to its own shareholders as a dividend in kind. The agreement focuses on monetizing the mine's silver by product while maintaining full exposure to the core gold output. Lundin Gold, operator of the Fruta del Norte gold mine in Ecuador, is using this silver focused deal to...
Lundin Gold (TSX:LUG) announced a $670 million silver stream for equity deal with LunR Royalties tied to its Fruta del Norte mine. As part of the transaction, Lundin Gold plans to distribute shares of LunR Royalties to its own shareholders as a dividend in kind. The agreement focuses on monetizing the mine's silver by product while maintaining full exposure to the core gold output. Lundin Gold, operator of the Fruta del Norte gold mine in Ecuador, is using this silver focused deal to...