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TRIDENT ROYALTIES PLC - TDTRF STOCK NEWS

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Trident Royalties Plc is a diversified mining royalty company that focuses on acquiring royalties and streams in resource-friendly jurisdictions worldwide. The company's portfolio includes exposure to gold, lithium, copper, silver, and other commodities, providing a mix of base battery, precious, and bulk metals. Trident aims to deliver strong returns for shareholders by acquiring assets that are reflective of single asset risk while maintaining a low-overhead model. With recent developments in key assets like the Thacker Pass lithium project and the Greenstone gold project, Trident is poised for significant cash generation and revenue growth.

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Trident Royalties PLC, a mining royalty company, announces a binding offtake term sheet with LG Energy Solution for battery-grade lithium carbonate from Paradox Lithium Project. The offtake involves 4,000 dry metric tonnes per year for an initial 5-year period, extendable for another 5 years thereafter. This represents 40% of the anticipated project start-up production capacity. LG and Anson are in discussions regarding an investment. Anson successfully sampled the Mississippian Units at Green River, confirming it as their second lithium project in Utah. The PR highlights the strategic potential of US lithium production to meet the growing demand for electric vehicles in North America.

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Trident Royalties PLC announced its 2023 full year results, showcasing revenue growth, acquisitions, and a diversified portfolio. Despite global challenges, the company remains optimistic about its strategic investments in mining royalties.

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Trident Royalties PLC, a mining royalty company, will release its Q1 2024 Activities Update on May 7, 2024. The company's stock is listed as TDTRF on the AIM and OTCQB exchanges.

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Trident Royalties Plc announces Director Share Purchases. Al Gourley and Richard Hughes buy shares in the company, increasing their holdings. Al Gourley now holds 2.73% of voting rights, while Richard Hughes holds 0.34%. The purchases were made at 34.0p and 34.2p per share, respectively.
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Trident Royalties Plc announces that Al Gourley, the Non-Executive Chairman, has purchased 350,000 ordinary shares at 35.91 pence per share, increasing his total holdings to 2.7% of the company's voting rights.
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Trident Royalties Plc announces a Conditional Commitment for a $2.26 billion DoE loan for Lithium Americas 's Thacker Pass Lithium Project. The loan aims to finance the construction of processing facilities to produce battery-grade lithium carbonate, supporting the U.S. government's initiative for a domestic supply chain. Construction progress, funding updates, and expected production timelines are detailed.
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Trident Royalties Plc announces director share purchases by Richard Hughes and Leslie Stephenson. Hughes bought 73,040 Ordinary Shares at 35.33p, holding 0.32% voting rights. Stephenson purchased 4,000 Ordinary Shares at US$0.466, holding 0.001% voting rights.
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Trident Royalties Plc provides an update on the Sonora Lithium Project in Mexico through its joint venture with Sonoroy Holdings Limited. The acquisition of a 3.0% Gross Revenue Royalty has been extended to 2026, amid ongoing litigation and regulatory challenges. The company aims to secure a Tier 1 royalty position with significant upside potential in the lithium project.
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Trident Royalties Plc secures a new US$40 million revolving credit facility with an option to increase to US$60 million. The facility, provided by BMO Capital Markets and CIBC, aims to replace an existing debt facility, reducing interest costs and enhancing capital deployment capabilities. The agreement includes key terms such as a three-year term, an accordion feature, and lower interest rates, signaling a strategic move towards strengthening the company's financial position.
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Trident Royalties Plc announces a live investor presentation to be held on 21 February 2024 at 2:00 pm GMT. The presentation will be conducted by CEO Adam Davidson and CFO Richard Hughes, open to all existing and potential shareholders. Investors can submit questions before the event or during the live presentation. Contact details for the company and its advisers are provided.
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FAQ

What is the current stock price of TRIDENT ROYALTIES PLC (TDTRF)?

The current stock price of TRIDENT ROYALTIES PLC (TDTRF) is $0.63 as of August 30, 2024.

What is the market cap of TRIDENT ROYALTIES PLC (TDTRF)?

The market cap of TRIDENT ROYALTIES PLC (TDTRF) is approximately 187.5M.

What does Trident Royalties Plc specialize in?

Trident focuses on acquiring royalties and streams in resource-friendly jurisdictions worldwide, with exposure to a mix of base battery, precious, and bulk metals.

What are some key highlights of Trident's strategy?

Key highlights of Trident's strategy include acquiring attractive small-to-mid size transactions, maintaining a low-overhead model, and leveraging the experience of management and the board of directors.

What recent developments have occurred at the Thacker Pass lithium project?

Recent developments at the Thacker Pass lithium project include a conditional commitment for a $2.26 billion loan from the U.S. Department of Energy, with mechanical completion of Phase 1 production targeted for 2027.

How is Trident capitalizing on the gold market environment?

Trident is capitalizing on the strong gold market environment by realizing strong margins-per-ounce from its gold offtake portfolio, with net gold offtake revenues expected to increase as production seasonally rises.

What are some recent updates on the Antler Copper Project?

Recent updates on the Antler Copper Project include firm commitments for a placing to raise funds for project advancement and the submission of the longest lead-time mine permit application in January 2024.

What opportunities does Trident see in the Sonora Lithium Project?

Trident sees potential for the Sonora Lithium Project to become a Tier 1 royalty, providing exposure to a long-life lithium project with expansion optionality and operated by a world-class lithium specialist.

How is Trident progressing with the Lincoln Gold Project?

Trident is progressing with the Lincoln Gold Project by executing a strategic sell-down of its existing royalty to a high-net-worth family office to accelerate and de-risk cashflow.

TRIDENT ROYALTIES PLC

OTC:TDTRF

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TDTRF Stock Data

187.51M
156.06M
14.51%
69.3%
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