Welcome to our dedicated page for Triple Flag Prec news (Ticker: TFPM), a resource for investors and traders seeking the latest updates and insights on Triple Flag Prec stock.
Triple Flag Precious Metals Corp. (TFPM) is a precious metals streaming and royalty company listed on the Toronto Stock Exchange and the New York Stock Exchange. Its news flow centers on portfolio performance, acquisitions of new streams and royalties, and financial updates tied to its exposure to gold and silver from mining assets primarily in the Americas and Australia.
Visitors to this TFPM news page can review company announcements about quarterly and annual results, including reported revenue and gold equivalent ounces (GEOs) sold, as well as updates on guidance and longer‑term GEOs outlook. Triple Flag regularly issues news releases discussing record GEOs, record revenue periods and operating cash flow per share, providing context on how its diverse portfolio of streams and royalties is performing.
The company also publishes detailed portfolio updates that describe developments at specific assets where it holds interests, such as changes in production, project restarts, new technical studies and exploration progress. These updates cover a range of mines and projects, including producing operations and development‑stage assets that may contribute to future GEOs. In addition, Triple Flag’s news includes information on corporate transactions, such as the acquisition of Orogen Royalties Inc. and the associated royalty on the Arthur gold project in Nevada, as well as new royalty and stream agreements on assets like Johnson Camp Mine and Tres Quebradas.
Investors will also find announcements related to capital allocation, including quarterly dividend declarations, dividend increases and the renewal of the company’s normal course issuer bid for share repurchases. Governance‑related news, such as the election of directors at the annual meeting, is also disclosed. For anyone tracking TFPM stock, this news page offers a centralized view of the company’s operational, financial and corporate developments over time.
Triple Flag Precious Metals Corp. has successfully acquired Maverix Metals Inc. through a plan of arrangement under the Canada Business Corporations Act. This transaction involves the issuance of 45.1 million common shares and a cash payment of US$86.7 million to Maverix shareholders. Following the acquisition, Maverix's shares will be delisted from the Toronto Stock Exchange and NYSE American. The combined entity will enhance Triple Flag's portfolio, making it the fourth-largest senior streaming and royalty company, with increased net asset value and diversification. Shaun Usmar, CEO, expressed strong support from Maverix shareholders, with 98.4% approving the deal.
Triple Flag Precious Metals Corp. (NYSE: TFPM) has confirmed that Maverix Metals Inc.'s acquisition was supported by 98.378% of Maverix shareholders during a recent special meeting. The Canadian Competition Bureau has issued a 'no action' letter, clearing the acquisition under Canadian law. The arrangement awaits final approval from the Ontario Superior Court of Justice, with an expected closing by the end of January. Post-transaction, Maverix shareholders are set to receive their chosen form of compensation, subject to proration.
Triple Flag Precious Metals Corp. (NYSE:TFPM) reported record revenues of approximately
Triple Flag Precious Metals Corp. (NYSE:TFPM) has acquired up to a 2.5% net smelter returns royalty on the Thunder Bay North Project in Northern Ontario from Clean Air Metals Inc. for a total of C$15 million. The acquisition is structured in two tranches, with C$10 million due on the effective date and C$5 million within 90 days. This project focuses on platinum, palladium, copper, and nickel, boasting robust project economics and significant exploration potential. Clean Air Metals has options to reduce the royalty and has established agreements with local First Nations.
Triple Flag Precious Metals Corp. (TFPM) has announced definitive agreements to acquire a gross revenue return (GRR) worth A$10 million and a gold and silver stream valued at US$80 million from the Prieska Copper-Zinc Mine, operated by Orion Minerals. The GRR and stream are conditional upon approvals from the South African Reserve Bank and completion of an executable mine plan. This strategic acquisition aims to enhance Triple Flag's asset portfolio and align with its green energy transition goals. The Prieska mine has a projected life of over 11 years with significant copper and zinc production.
Triple Flag Precious Metals Corp. (NYSE:TFPM) announced the renewal of its normal course issuer bid (NCIB) to repurchase up to 2,000,000 common shares, representing 1.3% of its outstanding shares. This program, valid from November 15, 2022, to November 14, 2023, is intended to optimize shareholder value by repurchasing shares at favorable prices. An automatic share purchase plan has been established to facilitate purchases during regulatory blackout periods. Previously, Triple Flag repurchased 338,100 shares for approximately C$1.7 million and US$3 million, respectively.
Triple Flag Precious Metals Corp. (TFPM) will acquire Maverix Metals Inc. (MMX) in a strategic merger to enhance its portfolio of gold and silver streams and royalties. The deal aims to create a leading senior streaming and royalty company with 29 paying assets and a total of 228 assets. The transaction, valued at
Triple Flag Precious Metals and Maverix Metals announced a definitive agreement for Triple Flag to acquire all common shares of Maverix in a strategic combination aimed at creating a leading senior streaming and royalty company. The transaction will merge their complementary portfolios, increasing scale with 29 paying assets and generating tangible annual synergies of approximately $7 million. The deal offers Maverix shareholders a choice between $3.92 in cash or 0.360 shares of Triple Flag. Total equity value for Maverix is estimated at $606 million.
Triple Flag Precious Metals Corp. has declared a cash dividend of
As a gold-focused streaming and royalty company with 80 assets, Triple Flag has exposure to gold and silver operations primarily in the Americas and Australia, encompassing 15 producing mines and numerous development and exploration projects.
Triple Flag Precious Metals Corp. (TFPM) reported Q3 2022 results, achieving net earnings of $12.8 million and a revenue of $33.8 million. The company declared a dividend of $0.05 per share, payable on December 15, 2022. Despite the year-over-year decline in GEOs sold, strong asset margins remained at 90% with low cash costs of $165 per GEO. The firm expects full-year GEO sales to be at the lower end of its guidance (88,000-92,000 GEOs). The company also highlights its new listing on the NYSE under the same symbol. Key challenges include lagging silver GEOs due to timing issues.