One of the most successful mining families in Canadian history has a new ambition: building the next large scale royalty and streaming company.
What’s happening:
The Lundin Group has officially launched a new royalty and streaming company known as LunR Royalties Corp (TSXV: LUNR)
Why it matters:
This is the first time ever that the Lundin Group has launched a publicly traded royalty and streaming company as the primary operators
Going deeper:
LunR Royalties Corp was spun out of NGEx Minerals (TSX: NGEX) and owns royalties on two large projects focused on copper and gold based in Argentina and Chile
NGEx Minerals is the single largest shareholder of LunR Royalties Corp and owns approximately 19.9% of the entire company
