Franco-Nevada Announces Appointment of Director

Rhea-AI Summary

Franco-Nevada (FNV) has announced the appointment of Daniel Malchuk to its board of directors, effective January 8, 2025. Malchuk brings over 30 years of experience in the natural resource industry, with expertise in strategic, operational, and financial matters.

Malchuk currently serves as a director at SSR Mining Inc., Senior Advisor with Appian Capital Advisory LLP, and chairman of Jetti Resources His previous experience includes various leadership positions at BHP Group until his retirement in 2020, including President Operations, Minerals Americas, and other senior roles in copper, aluminum, manganese, nickel, and minerals exploration.

Franco-Nevada operates as a leading gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets. The company maintains a debt-free status and utilizes its free cash flow for portfolio expansion and dividend payments.

Positive

• Addition of director with 30+ years of natural resource industry experience
• Strengthened board expertise in mining operations and strategy
• Maintained debt-free status with continued focus on portfolio expansion

Negative

• None.

TORONTO, Jan. 8, 2025 /PRNewswire/ - Franco-Nevada is pleased to announce that Daniel Malchuk has joined its board of directors, effective today. Mr. Malchuk brings over 30 years of strategic, operational and financial experience in the natural resource industry to the board. He currently serves as a director of SSR Mining Inc. and also serves as Senior Advisor with Appian Capital Advisory LLP and chairman of Jetti Resources LLC. Previously, Mr. Malchuk held various leadership positions with BHP Group Ltd. until his retirement in 2020 including President Operations, Minerals Americas, President of Copper, President of Aluminum, Manganese, and Nickel, President, Minerals Exploration and Vice President, Strategy and Development. Mr. Malchuk holds a Civil Industrial Engineer degree from Universidad de Chile and an MBA from University of California at Los Angeles (UCLA) Anderson School of Management.

Corporate Summary

Franco-Nevada Corporation is among the leading gold-focused royalty and streaming companies with the most diversified portfolio of cash-flow producing assets. Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation. Franco-Nevada is debt-free and uses its free cash flow to expand its portfolio and pay dividends. It trades under the symbol FNV on both the Toronto and New York stock exchanges.

View original content:https://www.prnewswire.com/news-releases/franco-nevada-announces-appointment-of-director-302344988.html

SOURCE Franco-Nevada Corporation

FAQ

Who is Daniel Malchuk and when did he join Franco-Nevada's board?

Daniel Malchuk joined Franco-Nevada's board on January 8, 2025. He is a former BHP Group executive with over 30 years of experience in the natural resource industry, currently serving as a director at SSR Mining Inc., Senior Advisor at Appian Capital Advisory LLP, and chairman of Jetti Resources

What experience does Daniel Malchuk bring to Franco-Nevada (FNV)?

Daniel Malchuk brings over 30 years of strategic, operational, and financial experience in the natural resource industry, including leadership positions at BHP Group such as President Operations, Minerals Americas, and President roles in Copper, Aluminum, Manganese, and Nickel divisions.

What is Franco-Nevada's (FNV) current business model?

Franco-Nevada operates as a gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets. Their business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation, maintaining a debt-free status and using free cash flow for portfolio expansion and dividends.

What are Daniel Malchuk's current roles besides Franco-Nevada (FNV)?

Daniel Malchuk currently serves as a director of SSR Mining Inc., Senior Advisor with Appian Capital Advisory LLP, and chairman of Jetti Resources