Q1 saw the biggest royalty transaction to date with Trident’s acquisition of a 60% interest in a GRR over the Thacker Pass project and a concurrent £20.7m equity placing. Trident recorded a US$451,314 inflow of royalty payments for Q1, a 55% increase over the prior quarter. The company remains cashed up and continues to evaluate new opportunities. The royalty business is a long-term game and Trident is uniquely positioned with royalties
secured on quality projects and promising commodities; iro ....
30 Apr 2021
Q1 marked by landmark lithium transaction
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Q1 marked by landmark lithium transaction
Trident Royalties Plc (TRR:LON) | 33.8 0 0.0% | Mkt Cap: 98.9m
- Published:
30 Apr 2021 -
Author:
Phil Swinfen -
Pages:
2
Q1 saw the biggest royalty transaction to date with Trident’s acquisition of a 60% interest in a GRR over the Thacker Pass project and a concurrent £20.7m equity placing. Trident recorded a US$451,314 inflow of royalty payments for Q1, a 55% increase over the prior quarter. The company remains cashed up and continues to evaluate new opportunities. The royalty business is a long-term game and Trident is uniquely positioned with royalties
secured on quality projects and promising commodities; iro ....