Triple Flag completed the acquisition of Orogen Royalties for CAD421m.

Triple Flag, a precious metals streaming and royalty company, completed the acquisition of Orogen Royalties, a royalty and mineral exploration company, for CAD421m. "Closing this transaction today allows us to reward shareholders' support of Orogen by crystallizing the value of the royalty on the Arthur Gold project. We maintain our view that the Arthur Gold project is an excellent royalty and has the significant potential to become a cornerstone asset for Triple Flag, and shareholders who received Triple Flag shares will maintain exposure to it through their ownership in Triple Flag," Paddy Nicol, Orogen CEO.