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Trident Royalties to acquire portfolio of producing gold streams for $70M in 'biggest deal yet'

Trident Royalties to acquire portfolio of producing gold streams for $70M in 'biggest deal yet'

Trident Royalties PLC (AIM:TRR) CEO Adam Davidson tells Proactive the mining royalty and streaming company is intending to acquire a portfolio of producing gold offtake streams from Orion Resource Partners in its 'biggest deal yet' for around $70 million.

Davidson says the deal sees it adding its cash-flowing assets to nine up from two, which will add $13 million in top-line growth, allowing to group to 'start thinking about dividends.' Davison talks through how the group is financing the acquisition.

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