RNS14 Jan 2022 07:07
Adam Davidson, Chief Executive Officer of Trident commented:
"It is pleasing to note that deliveries to Trident under the contracts have now commenced, with this delivery being the first of multiple deliveries and regular sales expected to occur on a weekly basis going forward.
"The acquisition of the Portfolio provides Trident with immediate revenue, underpinned by a portfolio of high-quality producing gold projects which significantly enhance the scale and diversification of Trident's revenue base. Trident is well positioned for future growth with nine cash flowing assets complementing our portfolio of advanced and development stage royalties, most notably the Thacker Pass lithium royalty. The combination of increased cashflow and our newly established debt facility, provide Trident with ample access to capital to pursue additional accretive transactions without the near-term requirement to access equity markets."