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Triple Flag Acquires 0.5% Gross Overriding Revenue Royalty on Tres Quebradas Lithium Project
Dec 19, 2024•over 1 year ago
Contract Type
agreement
Description
Triple Flag Precious Metals Corp. has entered into a definitive agreement to acquire an existing 0.5% gross overriding revenue royalty on the Tres Quebradas construction-stage lithium project from Lithium Royalty Corp. for a total cash consideration of US$28 million. The Tres Quebradas project, located in Catamarca province, Argentina, is 100%-owned and operated by Zijin Mining Group Co., Ltd.
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