Franco-Nevada acquires 12.42% stake in Kenorland Minerals for $22.2M

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Franco-Nevada Becomes Significant Shareholder of Kenorland Minerals

October 5, 2026 4:32 PM EDT

Vancouver, British Columbia--(Newsfile Corp. - October 5, 2026) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") announces that Franco-Nevada Corporation (TSX: FNV) (NYSE: FNV) ("FNV"), a leading gold-focused royalty and streaming company, has acquired an aggregate of 10,000,000 common shares ("Common Shares") of Kenorland (the "Transaction"), representing approximately 12.42% of the outstanding Common Shares.

"We are pleased to welcome Franco-Nevada, one of the most respected names in royalties and streaming, as... More