We’ve got yet another major transaction on our hands within the mining sector. This one, again, is focused on the royalty and streaming space, which is a sector that seems to continuously consolidate these days.
The latest deal will see Royal Gold (NASDAQ: RGLD) acquire not one, but two names in the space, with Royal having come to an agreement to acquire both Sandstorm Gold Royalties (TSX: SSL) and Horizon Copper (TSXV: HCU). All told, the arrangement here is set to add a whopping 40 cash flowing assets to Royal’s portfolio, while setting them up for further success down the road at the same time.
Lets dive in.
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