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Investegate |Trident Royalties. Announcements | Trident Royalties.: Acquisition


 
Trident Royalties Plc (AIM: TRR, FSX: 5KV), is pleased to announce that the pre-completion meeting for the Pukaqaqa Royalty Package acquisition (as defined below) from Orion Resource Partners has now been held and that completion will occur automatically on Admission of the Consideration Shares (as defined below).
 
On 18 December 2020, the Company announced that it had entered into a binding agreement to acquire a package of existing copper royalties (the Royalty Package ) over the Pukaqaqa Copper Project in Peru. The Royalty Package was acquired for total consideration of US$3,000,000 to be satisfied by the issue of 6,878,027 new ordinary shares of 1p each in Trident ( Consideration Shares ) at 32.0314p per Ordinary Share. ....

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