Triple flag to acquire a royalty on tres quebradas

Toronto--(business wire)--triple flag precious metals corp. (with its subsidiaries, “triple flag” or the “company”) (tsx: tfpm, nyse: tfpm) is pleased to announce that it has entered into a definitive agreement to acquire an existing 0.5% gross overriding revenue (“gor”) royalty on the tres quebradas construction-stage lithium project from lithium royalty corp. (“lrc”) for total cash consideration of us$28 million. tres quebradas, located in catamarca province, argentina, is 100%-owned and oper.
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