Franco-Nevada Announces US$550 Million Bought Deal Financing - "Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (FNV)(FNV) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets, and Scotiabank, pursuant to which they have agreed to purchase, on a bought deal basis, 11,500,000 common shares of Franco-Nevada at a price of US$47.85 per common share (the "Offering Price"), for aggregate gross proceeds to Franco-Nevada of approximately US$550 million (the "Offering"). The underwriters will also have the option, exercisable in whole or in part, at any time for a period of 30 days following the closing of the Offering, to purchase up to an additional 1,725,000 common shares at the Offering Price to cover over-allotments, if any. In the event that the option is exercised in its entirety, the aggregate gross proceeds of the Offering to Franco-Nevada will be approximately US$663 million." More
- 02/10/16 | Item |


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