🕐06.10.14 - 22:54 Uhr

FRANCO-NEVADA TO ACQUIRE A GOLD & SILVER STREAM ON CANDELARIA FROM LUNDIN
MINING FOR US$648 MILLION



  Franco-Nevada to Acquire a Gold & Silver Stream on Candelaria from Lundin Mining for US$648 million     *Published date : 2014-10-6*     Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) today announced that it has agreed to acquire a gold & silver stream on production from the Candelaria and Ojos del Salado mines (collectively “Candelaria”) located in Chile from Lundin Mining Corporation (“Lundin”) upon the completion of the acquisition of Candelaria by Lundin from Freeport-McMoRan Inc.

(“Freeport”).  Candelaria is currently owned 80% by Freeport and 20% by Sumitomo Corporation and Sumitomo Metal Mining Co., Ltd.

(collectively “Sumitomo”).

Lundin announced today that it has agreed to acquire Freeport’s 80% interest in Candelaria for US$1.8 billion and Sumitomo will continue as a 20% partner.  Franco-Nevada will provide an up-front deposit of US$648 million to acquire a gold & silver stream and Franco-Nevada has agreed to subscribe for up to C$50 million in Lundin’s planned subscription receipts financing.   Click to read press release http://www.franco-nevada.com/files/Franco_Nevada_Press_Release_Oct_6_1.pdf         *Stefan Axell* Director, Corporate Affairs  416-306-6328  mailto: *Sandip Rana* Chief Financial Officer 416-306-6303 mailto:     TSX:*FNV* NYSE:*FNV*   www.franco-nevada.com http://www.franco-nevada.com   Copyright © 2014 Franco-Nevada Corporation Unsubscribe from this newsletter http://www.franco-nevada.com/newsletter/confirm/remove/0a5ff15fdd349t1



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