Triple Flag Precious Metals Corp. today provides an update on the second quarter of 2020. "The second quarter of 2020 marks yet another new record for Triple Flag, with 16,115 GEOs sold during the quarter. This performance was driven by solid delivery from our core producing streams and royalties and strong contributions and growth from our ramp-up assets" commented Shaun Usmar, Founder and CEO. "The COVID-19 pandemic [...]
Triple Flag Precious Metals today announced its results for the first quarter of 2020. "During the first quarter, our portfolio of producing streams and royalties performed well and we celebrated first deliveries and solid progress from many of our ramp-up assets" commented Shaun Usmar, Founder and CEO. "Whilst we anticipate the COVID-19 pandemic will temporarily impact some operations and projects in the second quarter [...]
"Having reported record results in 2019, I am pleased to be able to provide an update on our business during the first quarter of 2020" commented Shaun Usmar, CEO and Founder. "We sold 42,406 gold equivalent ounces in 2019, which came in at the upper-end of our guidance range of 40,000 to 43,000 gold equivalent ounces. During the first quarter, we were pleased to commence two new operating partnerships with Royal Bafokeng [...]
Triple Flag Precious Metals is pleased to announce the closing on January 23, 2020 of a gold streaming agreement between its wholly-owned subsidiary, Triple Flag Mining Finance Bermuda Ltd., and Royal Bafokeng Resources Proprietary Ltd dated October 13, 2019. Triple Flag Bermuda has agreed to purchase 70% of the payable gold produced by RBPlat over the life of their PGM operations in exchange for an upfront cash [...]
Triple Flag Precious Metals announced today that while the Company has been encouraged by investor interest in its proposed IPO, the market environment for share offerings, particularly near year-end, continues to be challenging. As a result, the Company has decided to withdraw the offering at this time. Triple Flag's management team and its investment partner, Elliott, believe strongly in the Company's portfolio and [...]
Triple Flag Precious Metals announced today that it has filed and obtained a receipt for an amended and restated preliminary base PREP prospectus in respect of its initial public offering of common shares with the securities regulatory authorities of all provinces and territories in Canada, which amends and restates the preliminary base PREP prospectus of the Company, filed on November 4, 2019. The prospectus contemplates [...]