Franco-nevada announces acquisition of 1.0% nsr on anglogold's arthur gold project in nevada

(in u.s. dollars unless otherwise noted) toronto , july 23, 2025 /prnewswire/ - franco-nevada corporation ("franco-nevada" or the "company") (tsx: fnv) & (nyse: fnv) is pleased to announce that its wholly-owned subsidiary has acquired an existing 1.0% net smelter return royalty (the "royalty") on anglogold ashanti plc's ("anglogold") arthur gold project (previously the expanded silicon project) from altius minerals corporation ("altius") for $250 million in cash, plus a contingent cash payment of $25 million payable subject to the achievement of certain conditions as described below. the arthur gold project is one of the largest and fastest growing new gold discoveries in the united states.
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