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How $220M from Franco-Nevada Will Accelerate Bullabulling Gold Project

8:52am on Monday 23rd of February, 2026 AEDT Mining
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How $220M from Franco-Nevada Will Accelerate Bullabulling Gold Project

8:52am on Monday 23rd of February, 2026 AEDT
Key Points
  • Franco-Nevada increases royalty to 2.45% for $170 million
  • Equity investment of $50 million at a 7% premium, acquiring 4.9% stake
  • Funding accelerates construction, drilling, and feasibility studies
  • Largest ever Australian investment by Franco-Nevada
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