Triple Flag Declares Q4 2021 Dividend
10 November 2021 - 11:01PM
Business Wire
Triple Flag Precious Metals Corp. (with its subsidiaries,
“Triple Flag” or the “Company”) (TSX:TFPM,
TSX:TFPM.U) is pleased to announce that its Board of Directors has
approved a cash dividend of US$0.0475 per common share to be paid
on December 15, 2021 to the shareholders of record at the close of
business on November 30, 2021. Based on the November 9 closing
price, our annualized dividend of US$0.19 per share provides
investors with a sector-leading dividend yield of 2.0%.
Dividend Reinvestment Plan (“DRIP”)
On October 12, 2021, Triple Flag further announced that it had
implemented a DRIP. Participation in the DRIP is optional and will
not affect shareholders’ cash dividends, unless they elect to
participate in the DRIP. The DRIP will provide Triple Flag’s
Canadian-resident registered and beneficial shareholders with the
opportunity to have the cash dividends declared on their common
shares automatically reinvested into additional common shares of
the Company. The Plan Agent under the DRIP will, until further
notice, acquire common shares from the open market. For further
details, please refer to the “Stock Info” page under the Investors
section of our website at www.tripleflagpm.com.
About Triple Flag
Triple Flag’s shares are listed on the TSX under TFPM.U (USD
listing) and TFPM (CAD listing). On May 26, 2021 Triple Flag closed
its IPO, which was the largest TSX-listed mining IPO since 2012 by
size and market capitalization, and the largest precious metals IPO
globally by market capitalization since 2008. Triple Flag is a
gold-focused streaming and royalty company, providing investors
exposure to a long-life, diversified and high-quality portfolio of
streams and royalties, that generates robust free cash flows. Our
business is underpinned by a rigorous focus on asset-quality,
optionality, sustainability and risk management. We offer bespoke
financing solutions to the metals and mining industry. Our mission
is to be a sought-after, long-term funding partner to mining
companies throughout the commodity cycle. Since our inception in
2016, we have delivered sector-leading growth through the
construction of a diversified portfolio of streams and royalties
that provides exposure primarily to gold and silver in the Americas
and Australia. We have 75 assets, including 9 streams and 66
royalties. These investments are tied to mining assets at various
stages of the mine life cycle, including 15 producing mines and 60
development and exploration stage projects. References to Triple
Flag mean Triple Flag Precious Metals Corp., together with its
wholly owned subsidiaries.
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version on businesswire.com: https://www.businesswire.com/news/home/20211110006220/en/
James Dendle Vice President, Evaluations & Investor
Relations +1 (416) 304-9770 ir@tripleflagpm.com
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