September 7, 2017 / 9:20 PM / in 2 months

BRIEF-First Quantum Minerals and Franco-Nevada agree to terms for additional precious metals stream

Sept 8 (Reuters) - First Quantum Minerals Ltd

* First Quantum Minerals and Franco-Nevada Corp agree terms for additional precious metals stream agreement

* First Quantum Minerals Ltd - ‍US$178 million purchase price will be paid as a one-time advance payment upon closing of transaction​

* First Quantum Minerals Ltd - ‍no additional pro-rata funding will apply to additional stream​

* First Quantum Minerals Ltd - ‍intends to use proceeds to fund entire first installment of acquisition of interest in Cobre Panama from LS-Nikko Copper​ Source text for Eikon: Further company coverage:

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