Franco-Nevada Corp.

Franco-Nevada Corp.

Franco-Nevada Corp.

Overview
Date Founded

2007

Headquarters

199 Bay Street,Suite 2000,Commerce Court West,Toronto, ON M5L 1G9

Type of Company

Public

Employees (Worldwide)

39

Industries

Non-Energy Mining & Minerals
Metal Manufacturing & Products
Investment Services & Portfolio Management

Company Description

Franco-Nevada Corporation is the leading gold royalty and stream company by both gold revenues and number of gold assets. The Company trades under the symbol FNV on both the Toronto and New York stock exchanges. Franco-Nevada has delivered superior returns to investors through its diversified portfolio of cash-flow producing assets and interests in some of the largest new gold development and exploration projects in the world. Franco-Nevada provides yield and more upside than a gold ETF with less risk than an operating gold company. Its business model benefits from rising commodity prices and new discoveries while limiting exposure to operating and capital cost inflation. Franco-Nevada has substantial cash with no debt and is generating growing cash flow that is being used to expand its portfolio and to increase dividends. Management and the Board are significant shareholders and are dedicated to the maximization of Franco-Nevada’s share price

Executives & Employees

Chief Executive Officer

President & Chief Operating Officer

Chief Financial Officer

Chief Legal Officer & Corporate Secretary

Managing Director-Oil & Gas

Chief Legal Officer & Corporate Secretary

Head-Investor Relations

Vice President-Geology

Board of Directors

Former President at Newmont Mining Corporation

Chief Executive Officer at Franco-Nevada Corp.

Chancellor-Emeritus at University of Toronto

Chief Executive Officer at Rockcliff Group Ltd.

Chief Executive Officer at Resource Capital Funds

Project Director at Newmont Suriname LLC

Former Chief Executive Officer & Executive Director at Vedanta Resources Plc

President & Chief Executive Officer at MEG Energy Corp.

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Owners & Shareholders
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Van Eck Associates Corp. manages investments in hard assets, emerging markets, precious metals (including gold) and other specialized asset classes. The firm's mutual funds are designed to offer innovative diversification across asset classes with returns that have low correlations to traditional US equity and fixed-income investments. Van Eck also offers ETFs, separate accounts and alternative investments. The firm employs a top-down approach to identify attractive potential markets and sectors and then conducts bottom-up analysis of individual stocks. Their portfolios are benchmarked against indices based on the portfolio's investment types and geographic focus and client preferences.

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CI Investments (CI) offers an array of mutual funds, including over 90 core funds. These funds include an array of portfolio managers who cover the full spectrum of investment styles and strategies focusing on various regions, asset classes and industries. CI also offers CI Corporate Class and T-Class. The T-Class seeks to provide predictable tax-deferred cash flows without sacrificing choice of investments. These funds include income, balanced, equity or managed solutions. The CI Corporate Class is suitable for clients investing outside of a registered plan and is designed to reduce tax liability. It also allows clients to draw tax-efficient cash flow from their investments through T-Class funds.CI’s G5 20 Series funds are guaranteed to distribute annual cash flow amounting to 5% of the guaranteed asset value of the investment for 20 years while maintaining equity exposure for growth potential. The G5 20 Series combines underlying funds managed by CI's portfolio managers with a risk management overlay to provide guaranteed cash flow for retirement.CI's segregated funds combine the advantages of mutual funds with the security of insurance. The policies for CI's segregated funds are issued by two insurance companies: Sun Life Assurance Co. of Canada and ivari. The funds cover all asset classes and investment styles and may be managed internally or by third party managers. CI offers managed account investment solutions based on strategic asset allocation. The Portfolio Series is designed to meet a variety of investor profiles, from income to maximum growth. Portfolios invest in a mix of CI mutual funds and are diversified by asset class, region and sector. CI's Portfolio Select Series offers a selection of model portfolios based on strategic asset allocation and are customized to meet each client's objectives. The Portfolio Select Series also uses the CI Corporate Class platform, allowing for true tax efficiency.In addition, CI offers access to alternative investments including deposit notes, labor-sponsored funds, hedge funds, closed-end funds and limited partnerships. These investments may have a negative correlation to traditional investments and are useful in providing additional diversification and risk management.

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Fidelity (Canada) Asset Management ULC's investment approach is based the belief that in-depth fundamental analysis of companies can identify securities that may outperform the market. The firm's global research resources include seasoned, sector-focused fundamental analysts covering industry sectors across Canadian, US and global markets, as well as quantitative and technical portfolio managers and analysts. FIAM Canada offers a wide variety of investment solutions including: Canadian, US and International/Global equity strategies; Diversified, Active/Single Sector, and Custom (Liability-Driven and Tactical Bond) fixed-income strategies; and Multi-Asset Class Asset Allocation Products including Strategic Balanced, Tactical Asset Allocation and Balanced Trust Services.

Recent Transactions
Details Hidden

Franco-Nevada Corp. issued Common Stock

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Noront Resources Ltd. purchases Cliffs Natural Resources, Inc. /2 Subsidiaries from Cleveland-Cliffs, Inc.

Details Hidden

Franco-Nevada Corp. issued Common Stock

Transaction Clients
Lender

Advised on Klondex Mines ULC purchases Klondex Midas Operations, Inc.

Lender

Advised on Noront Resources Ltd. purchases Cliffs Natural Resources, Inc. /2 Subsidiaries from Cleveland-Cliffs, Inc.

Transaction Advisors
Underwriter

Advised onFranco-Nevada Corp. issued Common Stock

Manager

Advised onFranco-Nevada Corp. issued Common Stock

Manager

Advised onFranco-Nevada Corp. issued Common Stock

Legal Advisor

Advised onFranco-Nevada Corp. issued Common Stock

Associate

Advised onFranco-Nevada Corp. issued Common Stock

Co-Head, Global Metals & Mining Group

Advised onFranco-Nevada Corp. issued Common Stock

Advisors & Consultants
Advisor

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Clients

Newmont Mining Corporation is primarily a gold producer, with significant assets or operations in the United States, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. Founded in 1921 and publicly traded since 1925, Newmont is one of the world’s largest gold producers and is the only gold company included in the S&P 500 Index and Fortune 500. Headquartered near Denver, Colorado, the company has approximately 43,000 employees and contractors worldwide. In 2007, Newmont became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont’s industry leading performance is reflected through high standards in environmental management, health and safety for its employees and by creating value and opportunity for host communities and shareholders

In less than a decade, Fortescue has gone from strength to strength through its unparalleled growth. Listed in the S&P/ASX50 share index, Fortescue has firmly established itself as one of the world's leaders in iron ore production and sea-borne trading. Fortescue's tenements are located throughout the resource rich Pilbara region of Western Australia and in such close proximity to the world's major markets of China and Asia, making the Pilbara widely regarded as the world's best address for iron ore. Fortescue has achieved these goals through engagement and support from key stakeholders including our people, local communities including traditional land owners, governments, suppliers, customers, non-government organisation and the financial markets

Glencore Plc produces and markets metal, mineral & energy and agricultural commodities. Its products include copper, zinc, lead, nickel, ferroalloys, aluminum, iron ore, coal, and oil. The company operates through following segments; Metals and Minerals, Energy Products and Agriculture Products. The Metals and Minerals segment produces zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt and iron ore. The Energy Products segment provides crude oil, oil products, steam coal and metallurgical coal. The Agriculture Products segment produces wheat, corn, canola, barley, rice, oil seeds, meals, edible oils, biofuels, cotton and sugar. Glencore was founded in 1974 and is headquartered in Baar, Switzerland.

Key Stats and Financials As of 2017
Market Capitalization
$17.4B
Total Enterprise Value
$17.8B
Earnings Per Share
$1.38
Revenue
$876M
Net Profit
$253M
EBITDA
$660M
EBITDAMargin
75.27%
Total Debt
$0
Total Equity
$5.9B
Enterprise Value Sales
20.29x
Enterprise Value EBITDAOperating
26.95x
TEVNet Income
70.33x
Debt TEV
0x
Three Year Compounded Annual Growth Rate Of Revenue
21.49%
Five Year Compounded Annual Growth Rate Of Revenue
15.47%
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Teranga Gold Corp. Non-Energy Mining & Minerals | Toronto, ON

Teranga Gold Corp. engages in the production, exploration, development of mineral properties. It focuses on gold assets of Sabodala Mine. The company was founded on October 1, 2010 and is headquartered in Toronto, Canada.

Klondex Mines ULC Non-Energy Mining & Minerals | Vancouver, BC

Klondex Mines ULC is a junior–tier gold and silver mining company, which engages in the mining, exploration, development, and production of mineral resources. It operates through the following segment: Fire Creek; Midas; Hollister; Aurora; True North; and Corporate and Other. The Fire Creek, Midas, Hollister, Aurora, and True North segments include the operations, development, and exploration activities of each respective segment. The Corporate and Other segment comprises of general and administrative costs of the company. The company was founded on August 25, 1971 and is headquartered in Vancouver, Canada.

First Quantum Minerals Ltd. Non-Energy Mining & Minerals | Vancouver, BC

First Quantum Minerals Ltd. engages in the production of copper, nickel, gold, zinc, and acid. It has operating mines in Zambia, Finland, Turkey, Spain, and Mauritania. It also develops Cobre Panama copper project in Panama, exploring the Haquira copper deposit in Peru, and the Taca Taca copper-gold-molybdenum deposit in Argentina. It operates through the following segments: Kansanshi, Sentinel, Las Cruces, Guelb Moghrein, Çayeli, Pyhäsalmi, Ravensthorpe, and Corporate & Other. The Corporate & Other segment deals with the evaluation and acquisition of new mineral properties, regulatory reporting, treasury and finance, and corporate administration. The company was founded by Philip K.R. Pascall, Geoffrey Clive Newall, and Martin R. Rowley on December 21, 1983 and is headquartered in Vancouver, Canada.