Trident Royalties PLC Announces Completion of Dandoko Royalty Acquisition - Seite 2

Adam Davidson, Chief Executive Officer of Trident commented:

"The Dandoko Gold Royalty is an important addition to our portfolio as the asset has the potential to provide near-term cashflow to Trident. B2Gold is a senior producer with invaluable operational experience with a long operating history in Mali. The Fekola mine is a cornerstone asset for B2Gold and is expected to produce approximately 600,000 ounces in 2023 at cash operating costs of between $565 and $625 an ounce. Trident considers that significant exploration upside exists at Dandoko, with B2Gold currently deploying material capital towards exploration of the area. We remain focussed on delivering value accretive deals which broaden and diversify our portfolio to promote long-term growth."

References

1. Source: Trident Royalties announcement dated 21 August 2023

( https://www.londonstockexchange.com/news-article/TRR/acquisition-of-ma ... )

** Ends **

Contact details:

Trident Royalties Plc Adam Davidson / Richard Hughes	www.tridentroyalties.com [phone] / [phone]
Grant Thornton (Nominated Adviser) Colin Aaronson / Samantha Harrison / Samuel Littler	www.grantthornton.co.uk [phone]
Stifel Nicolaus Europe Limited (Joint Broker) Callum Stewart / Ashton Clanfield	www.stifelinstitutional.com [phone]
Liberum Capital Limited (Joint Broker) Scott Mathieson / Cara Murphy	www.liberum.com [phone]
Tamesis Partners LLP (Joint Broker) Richard Greenfield / Charlie Bendon	www.tamesispartners.com [phone]
St Brides Partners Ltd (Financial PR & IR) Susie Geliher / Catherine Leftley	www.stbridespartners.co.uk