Welcome to our dedicated page for TRIDENT ROYALTIES PLC news (Ticker: TDTRF), a resource for investors and traders seeking the latest updates and insights on TRIDENT ROYALTIES PLC stock.
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 announces a quarterly receipt of US$3.2 million from exposure to gold, copper, and iron ore, marking a 63% increase from Q3 2023. The company also acquired a net smelter return royalty over the copper-zinc Antler deposit in Arizona and entered into a commitment letter for a new US$40 million revolving credit facility expected to close in Q1 2024. The company had an unaudited net debt position of US$22 million as of 31 December 2023.
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Trident Royalties Plc, a diversified mining royalty company, will announce its Q4 2023 Activities Update on Monday 5 February 2024 at 07.00 GMT. The company's contact details are provided for more information.
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Trident Royalties Plc (TRR)(TDTRF) announced the acquisition of royalty assets for the La Preciosa Silver Project, including a 1.25% net smelter return royalty and a 2.00% gross value return royalty. Avino recently reported that it has signed a long-term land-use agreement for the development of La Preciosa, representing a significant step towards production. Trident CEO Adam Davidson congratulated Avino on this milestone and expressed anticipation for continued growth.
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Trident Royalties Plc (TRR) Director Adam Davidson Purchases 70,914 Ordinary Shares at 36 Pence Per Share
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Trident Royalties Plc (AIM:TRR)(OTCQB:TDTRF) has announced the publication of a new corporate presentation, showcasing their diversified mining royalty portfolio. The presentation can be accessed at https://tridentroyalties.com/investors/investor-downloads. Contact details for investor inquiries are also provided in the press release.
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Trident Royalties Plc (LON: TRR) issued 349,206 Bonus Shares to certain directors and management team as part of the 2023 bonus awards. The Bonus Shares were issued at a price of 33 pence per Ordinary Share. Directors Adam Davidson and Richard Hughes were among the recipients of Bonus Shares. Following the issuance, Trident will have 293,079,382 Ordinary Shares with voting rights attached.
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Trident Royalties PLC (TR) has announced a major holdings notification by Amati Global Investors Limited, with a total of 4.86% voting rights attached to shares, representing a decrease from the previous position. The date of notification was December 13, 2023, and the information was provided by the news service of the London Stock Exchange.
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Trident Royalties Plc (AIM:TRR)(OTCQB:TDTRF) will be participating in a Natural Resources Webinar for investors, hosted by London South East. CEO Adam Davidson will be presenting and taking questions. The event will take place on Tuesday, December 5, 2023, via Zoom Webinar. Investors can register to attend. Contact details for the company and its advisers are provided.
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Trident Royalties Plc (TRR) CFO and executive director Richard Hughes purchases 200,000 ordinary shares at an average price of 32.13 pence per share, increasing his holdings to 800,000 shares, representing 0.3% of the company's voting rights.
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Trident Royalties Plc (TRR) has entered into a commitment letter with BMO Capital Markets and CIBC for a new US$40 million revolving credit facility, with an option to increase it to US$60 million. The RCF will replace the existing US$40 million secured debt facility provided by Macquarie Bank Limited. The key terms include a senior secured revolving credit facility, an additional US$20 million accordion feature, interest savings of up to US$1.3 million per annum, and a three-year term with a one-year extension option.
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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
TDTRF Rankings
TDTRF Stock Data
187.51M
156.06M
14.51%
69.3%
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United States of America
London