Franco-Nevada Update on Arbitration Proceeding in Panama
Franco-Nevada Update on Arbitration Proceeding in Panama |
[18-June-2025] |
TORONTO, June 18, 2025 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada") (TSX: FNV) (NYSE: FNV) provides an update regarding its arbitration proceeding related to the Cobre Panama mine. Following engagement with the Government of Panama's legal counsel, Franco-Nevada has agreed today to suspend its arbitration proceeding. Franco-Nevada had previously filed a request for arbitration under the Canada-Panama Free Trade Agreement to the International Centre for Settlement of Investment Disputes on June 27, 2024. Franco-Nevada reiterates its hope for a resolution with the State of Panama providing the best outcome for the Panamanian people and all parties involved.
SOURCE Franco-Nevada Corporation | ||
Company Codes: NYSE:FNV, Toronto:FNV |