G Mining Ventures announces almost $22M warrant exercise by Franco-Nevada
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G Mining Ventures is set to receive nearly $22 million from Franco-Nevada's exercise of 11.5 million common share purchase warrants. This move is part of the financing for the Tocantinzinho gold project in Brazil.
November 07, 2024 | 4:00 pm
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Franco-Nevada Corporation is exercising 11.5 million warrants in G Mining Ventures, contributing nearly $22 million to the Tocantinzinho gold project.
Franco-Nevada's exercise of warrants indicates a strategic investment in G Mining Ventures, likely reflecting confidence in the Tocantinzinho project. This could positively impact FNV's stock as it strengthens its portfolio.
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