Franco-Nevada Corporation And Lumina Royalty Completes Plan Of Arrangement

Franco-Nevada Corporation and Lumina Royalty Corp announced the completion of the Plan of Arrangement between Franco-Nevada and Lumina Royalty pursuant to which Franco-Nevada has acquired all of the outstanding common shares of Lumina Royalty. In accordance with the Arrangement, Lumina Royalty shareholders will receive in the aggregate approximately 1,383,873 Franco-Nevada common shares and 760,793 Franco-Nevada warrants or 0.03487 Franco-Nevada common shares and 0.01917 Franco-Nevada warrants per Lumina Royalty common share. Following completion of the Arrangement, Lumina Royalty will change its name to Franco-Nevada LRC Holdings Corp. Lumina Royalty will be applying to the securities regulatory authorities in Canada to cease to be a reporting issuer in due course.