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Franco-Nevada Announces $100 Million Financing with Orezone Gold on the Casa Berardi Mine
Franco-Nevada Announces $100 Million Financing with Orezone Gold on the Casa Berardi Mine ...
About this update from Franco-nevada Corporation
[{"type":"text","content":"\n\n\nFranco-Nevada Announces $100 Million Financing with Orezone Gold on the Casa Berardi Mine\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\n(in U.S. dollars unless otherwise noted)\nTORONTO, Jan. 26, 2026 /CNW/ - Franco-Nevada Corporation (\"Franco-Nevada\" or the \"Company\") (TSX: FNV) (NYSE: FNV) is pleased to announce that, through a wholly-owned Canadian subsidiary, it has entered into a $100 million gold stream (the \"Stream\") financing transaction with Orezone Gold Corporation (\"Orezone\") to support its acquisition of Hecla Mining Company's (\"Hecla\") producing Casa Berardi Gold Mine and all other Quebec assets, including the Heva-Hosco Gold Project.\n\"We are pleased to add another operating gold mine to our Canadian portfolio and to partner with Orezone on this transformative transaction,\" said Paul Brink, President & CEO of Franco-Nevada. \"Patrick and the Orezone team are proven operators and developers, and we are excited to partner with them as they build Casa Berardi's next chapter.\" \nPatrick Downey, CEO of Orezone, commented: \"We are honoured and excited to partner with Franco-Nevada on this transformational acquisition. We worked very closely with the Franco-Nevada team throughout the process and are confident that this partnership will generate significant value for both companies and all stakeholders. We are enthusiastic about the near-term opportunities to enhance value and see substantial exploration upside at Casa Berardi and across its surrounding land package. Together, our vision is to establish Casa Berardi as a profitable, long-life mining camp for decades to come.\"\nTransaction Highlights\nImmediate Gold Revenues from the Established Casa Berardi Mine: The Stream will add immediate gold revenues from a well-established operation in a highly prospective district. Casa Berardi is located in the Abitibi region of Quebec and has an extensive 35-year history of both surface and underground mining operations. The mine has produced over 3.2 Moz of gold to date and continues to deliver meaningful produ...