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State: 27.04.2025 | 11PM
Wed, 14.08.2024       Franco-Nevada Corporation
CA3518581051

(in U.S. dollars unless otherwise noted)

TORONTO, Aug. 13, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) is pleased to announce that its wholly-owned subsidiary has acquired from Compañía de Minas Buenaventura S.A.A. ("Buenaventura") and its subsidiary, an existing 1.8% net smelter return royalty on all minerals (the "Royalty") covering Newmont Corporation's ("Newmont") Yanacocha mine and adjacent mineral properties located in Peru. Consideration for the Royalty consists of $210 million paid in cash on closing, plus a contingent payment of $15 million in Franco-Nevada common shares, payable upon achievement of certain conditions as described below.

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