Lundin Gold Inc. has entered into a definitive silver stream agreement with LunR Royalties Corp. for its Fruta del Norte gold mine in Ecuador. The deal is expected to close in Q2 2026.
- Lundin Gold and LunR Royalties have entered a silver stream agreement for the Fruta del Norte gold mine.
- The transaction is expected to close in Q2 2026.
- LunR will provide 50,505,051 common shares in exchange for a life-of-mine silver stream.
- Lundin Gold will distribute the LunR shares as a dividend in kind to shareholders.
- Lundin Gold's shares rose 1.28% on Thursday, while LunR's shares increased 0.07%.
- The deal is expected to provide upfront capital without retaining ownership in LunR.
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