Triple Flag to Acquire Orogen Royalties and Its 1.0% NSR Royalty on the Expanded Silicon Gold Project
6 Articles
6 Articles
Triple Flag Proposes to Acquire Orogen Royalties Inc.
ST. JOHN’S, Newfoundland -- Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) Altius Minerals Corporation (“Altius”) reports that Orogen Royalties Inc. (“Orogen”), of which it is a major shareholder with 39,557,960 Orogen shares, has announced a definitive agreement with Triple Flag Precious Metals Corp. (“Triple Flag”) whereby Triple Flag will acquire all of the issued and outstanding common shares of Orogen for total consideration of appro…
Orogen Royalties To Be Acquired For $2.00 Per Share By Triple Flag Precious Metals
Orogen Royalties (TSXV: OGN) has reached an agreement to be acquired by Triple Flag Precious Metals (TSX: TFPM) in a transaction that is being conducted solely for the 1.0% NSR royalty on AngloGold Ashanti’s Expanded Silicon project in Nevada. The transaction will see Orogen acquired for total consideration of C$421 million, or approximately $2.00 per share. Total consideration under the arrangement will consist of $171.5 million in cash, $171.5…
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