Gold$2,045.30+0.52%
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Iron Ore$118.50+2.14%
Nickel$16,892-0.89%

Solaris Enters into US$200 Million Financing Agreements with Royal Gold to Advance the Warintza Project

ByYahoo Finance
5/21/2025
Source:Yahoo Finance
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HIGHLIGHTS: Non-dilutive US$200 million funding package from Royal Gold, comprising a gold stream and NSR royalty, US$100 million of which is available immediatelyThe package provides the funding required to repay the Senior Debt facility and is expected to provide the necessary liquidity to fund all value accretive derisking activities through to a final investment decision Stream expected to represent a small percentage of the gold over the life of mine which, together with the modest NSR roya

HIGHLIGHTS: Non-dilutive US$200 million funding package from Royal Gold, comprising a gold stream and NSR royalty, US$100 million of which is available immediatelyThe package provides the funding required to repay the Senior Debt facility and is expected to provide the necessary liquidity to fund all value accretive derisking activities through to a final investment decision Stream expected to represent a small percentage of the gold over the life of mine which, together with the modest NSR roya

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