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Franco-Nevada Corporation acquires 10 million shares of Kenorland Minerals common stock

Newsfile Corp. +1 ·

FNV Franco-Nevada Corp
$240.78 +0.62%
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  1. 1Franco-Nevada Corporation has acquired 10 million shares of Kenorland Minerals common stock.
  2. 2The total purchase price for Franco-Nevada Corporation was $22.2 million at a price of $2.22 per share.
  3. 3With this transaction, Franco-Nevada Corporation now holds approximately 12.42% of Kenorland Minerals' outstanding common stock.

So what's the key point?

Franco-Nevada Corporation purchased 10 million new shares of Kenorland Minerals. This transaction gives the company an ownership stake of approximately 12.42% in Kenorland Minerals.

Source Newsfile Corp. +1 · View original ↗

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