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FNV / G Mining Ventures completes first draw on $250M gold stream from Franco-Nevada

G Mining Ventures completes first draw on $250M gold stream from Franco-Nevada
G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) said it has drawn approximately $91 million on its $250 million gold stream with Franco-Nevada (Barbados) Corporation, as previously announced in July 2022. The proceeds will be used to continue the development and construction of its flagship, 100%-owned Tocantinzinho (TZ) Gold Project, currently under construction in the State of Pará, Brazil and which remains on track and on budget for commercial production in the second half of 2024. Read More
Posted: Apr 3 2023, 07:19
Author Name: Proactive Investors
Views: 101968

FNV News  

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By Zacks Investment Research
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