Franco-Nevada to subscribe A$30 million in Minerals 260 shares in future equity raise
FNV•Funding to support Bullabulling development
Funding is expected to support Bullabulling development through a definitive feasibility study and a final investment decision targeted for early 2027.
The transactions are intended to be financed from cash on hand; cash totaled USD 1 billion at June 30, 2026.
Franco-Nevada commits A$30 million as lead order
Franco-Nevada committed to subscribe for AUD 30 million of Minerals 260 ordinary shares as a lead order in a future equity raise.
The stake build follows its existing shareholding in Minerals 260 as part of a broader AUD 200 million follow-on financing package.
