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Bullabulling Gold Project

Franco-Nevada Adds A$200M Royalty, Equity Deal for Bullabulling Gold

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Franco-Nevada Adds A$200M Royalty, Equity Deal for Bullabulling Gold

Toronto – September 16, 2026 -- Franco-Nevada Corporation has agreed to a A$200 million (approximately $144 million) follow-on financing package with Minerals 260 Limited to advance the Bullabulling Gold Project in Western Australia, lifting its total backing of the project to an aggregate A$420 million (approximately $300 million).

The package comprises a A$170 million (approximately $122 million) gross royalty acquisition and a A$30 million (approximately $22 million) equity subscription as lead order in a future Minerals 260 capital raise.