TIDMTRR

RNS Number : 8603R

Trident Royalties PLC

01 November 2023

1 November 2023

Trident Royalties Plc

("Trident" or the "Company")

Notice of Q3 2023 Activities Update

Trident Royalties Plc (AIM: TRR, OTCQB: TDTRF), the diversified mining royalty company, will announce its Q3 2023 Activities Update on Monday 6 November 2023 at 07.00 GMT.

** Ends **

Contact details:

 
 Trident Royalties Plc                         www.tridentroyalties.com 
  Adam Davidson / Richard Hughes           +1 (757) 208-5171 / +44 7967 
                                                                 589997 
 Grant Thornton (Nominated Adviser)             www.grantthornton.co.uk 
  Colin Aaronson / Samantha Harrison                  +44 020 7383 5100 
  / Samuel Littler 
                                         ------------------------------ 
 Liberum Capital Limited (Joint Broker)                 www.liberum.com 
  Scott Mathieson / Cara Murphy                        +44 20 3100 2184 
                                         ------------------------------ 
 Stifel Nicolaus Europe Limited (Joint      www.stifelinstitutional.com 
  Broker)                                              +44 20 7710 7600 
  Callum Stewart / Ashton Clanfield 
                                         ------------------------------ 
 Tamesis Partners LLP (Joint Broker)            www.tamesispartners.com 
  Richard Greenfield                                   +44 20 3882 2868 
                                         ------------------------------ 
 St Brides Partners Ltd (Financial           www.stbridespartners.co.uk 
  PR & IR)                                             +44 20 7236 1177 
  Susie Geliher / Catherine Leftley 
                                         ------------------------------

About Trident

Trident is a growth-focused diversified mining royalty and streaming company, providing investors with exposure to a mix of base battery, precious, and bulk metals.

Key highlights of Trident's strategy include:

 
 --   Building upon a royalty and streaming portfolio which broadly 
       mirrors the commodity exposure of the global mining sector 
       (excluding fossil fuels) with a bias towards production or 
       near-production assets, differentiating Trident from the 
       majority of peers which are exclusively, or heavily weighted, 
       to precious metals; 
 --   Acquiring royalties and streams in resource-friendly jurisdictions 
       worldwide, while most competitors have portfolios focused 
       on North and South America; 
 --   Targeting attractive small-to-mid size transactions which 
       are often ignored in a sector dominated by large players; 
 --   Active deal-sourcing which, in addition to writing new royalties 
       and streams, will focus on the acquisition of assets held 
       by natural sellers such as: closed-end funds, prospect generators, 
       junior and mid-tier miners holding royalties as non-core 
       assets, and counterparties seeking to monetise packages of 
       royalties and streams which are otherwise undervalued by 
       the market; 
 --   Maintaining a low-overhead model which is capable of supporting 
       a larger scale business without a commensurate increase in 
       operating costs; and 
 --   Leveraging the experience of management, the board of directors, 
       and Trident's adviser team, all of whom have deep industry 
       connections and strong transactional experience across multiple 
       commodities and jurisdictions.

The acquisition and aggregation of individual royalties and streams is expected to deliver strong returns for shareholders as assets are acquired on terms reflective of single asset risk compared with the lower risk profile of a diversified, larger scale portfolio. Further value is expected to be delivered by the introduction of conservative levels of leverage through debt. Once scale has been achieved, strong cash generation is expected to support an attractive dividend policy, providing investors with a desirable mix of inflation protection, growth and income.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCNKDBDCBDKFKN

(END) Dow Jones Newswires

November 01, 2023 03:00 ET (07:00 GMT)

Trident Royalties (LSE:TRR)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Trident Royalties.
Trident Royalties (LSE:TRR)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Trident Royalties.