TORONTO, Nov. 3, 2023
/PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada") (TSX: FNV) (NYSE: FNV) notes that
its partner, First Quantum Minerals Ltd. ("First Quantum"),
has issued an update regarding the various Government of
Panama bills and
unconstitutionality challenges in respect of Law 406, the law that
approved the revised concession contract for the Cobre Panama mine.
First Quantum has also advised that production at the mine remains
uninterrupted at this time, while protests (including certain
blockades) have caused disruptions on site as well as shortages in
certain supplies.
For more detailed information, please refer to First Quantum's
press release dated November 3,
2023.
Forward-Looking
Statements
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable
Canadian securities laws and the United States Private Securities
Litigation Reform Act of 1995, respectively, which may include, but
are not limited to, statements with respect to the outcome of any
Government of Panama bills,
constitutional challenges or popular consultations relating to Law
406, the law that approved the revised concession contract for the
Cobre Panama mine. The outcome of these matters could have a
material adverse impact on the revenue Franco-Nevada derives from
its streaming arrangements relating to Cobre Panama and on
Franco-Nevada's results of operations and financial condition.
There can be no assurance that such forward-looking statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Investors are cautioned that forward-looking statements are not
guarantees of future performance. Accordingly, investors should not
place undue reliance on forward-looking statements due to the
inherent uncertainty therein.
For additional information with respect to risks,
uncertainties and assumptions relating to Franco-Nevada's business
and assets, please refer to Franco-Nevada's most recent Annual
Information Form filed with the Canadian securities regulatory
authorities on www.sedarplus.com and Franco-Nevada's most recent
Annual Report filed on Form 40-F filed with the SEC on www.sec.gov.
The forward-looking statements herein are made as of the date of
this press release only and Franco-Nevada does not assume any
obligation to update or revise them to reflect new information,
estimates or opinions, future events or results or otherwise,
except as required by applicable law.
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SOURCE Franco-Nevada Corporation