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Osisko and Franco-Nevada Partner to Acquire a Gold Stream on SolGold’s Cascabel Copper-Gold Project
Jul 15, 2024•almost 2 years ago
Contract Type
partnership
MontrealManufacturingMiningPrecious MetalsMineralMining TechnologyData MiningDescription
Osisko Gold Royalties Ltd, in partnership with Franco-Nevada Corporation, has entered into a definitive Purchase and Sale Agreement (Gold Stream) with SolGold plc and its subsidiaries. The partnership will involve funding the pre-construction and construction costs of SolGold’s Cascabel copper-gold project located in Ecuador, in exchange for interests in the Gold Stream.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months