30
April 2024
Trident Royalties
Plc
("Trident" or
the "Company")
Notice of Q1 2024 Activities
Update
Trident Royalties Plc (AIM: TRR, OTC: TDTRF), the diversified
mining royalty company, will announce its Q1 2024 Activities Update
on Tuesday 7 May 2024 at 07.00 BST.
** Ends
**
Contact details:
Trident Royalties Plc
Adam Davidson / Richard
Hughes
|
www.tridentroyalties.com
+1 (757)
208-5171 / +44 7967 589997
|
Grant Thornton (Nominated
Adviser)
Colin Aaronson / Samantha Harrison /
Enzo Aliaj
|
www.grantthornton.co.uk
+44 020
7383 5100
|
Liberum Capital Limited (Joint
Broker)
Scott Mathieson / Kane
Collings
|
www.liberum.com
+44 20
3100 2184
|
Stifel Nicolaus Europe Limited
(Joint Broker)
Callum Stewart / Ashton
Clanfield
|
www.stifelinstitutional.com
+44 20
7710 7600
|
Tamesis Partners LLP (Joint
Broker)
Richard Greenfield
|
www.tamesispartners.com
+44 20
3882 2868
|
St Brides Partners Ltd (Financial PR
& IR)
Susie Geliher
|
www.stbridespartners.co.uk
+44 20
7236 1177
|
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.