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09/07/2017 (In United States dollars, except where noted otherwise)
TORONTO, Sept. 7, 2017 /CNW/ - First Quantum Minerals Ltd. ("First Quantum" or the "Company", TSX Symbol "FM") today announced that it has agreed terms for an additional precious metals stream agreement on the Cobre Panama project with Franco-Nevada (Barbados) Corporation ("FNB"), a wholly-owned subsidiary of Franco-Nevada Corporation (TSX Symbol "FNV", NYSE Symbol "FNV") subject to final documentation. The Company intends to use the proceeds to fund the entire first installment of its previously announced acquisition of an additional 10% interest in Cobre Panama from LS-Nikko Copper Inc.
ADDITIONAL STREAM AGREEMENT DETAILS:
On Behalf of the Board of Directors of First Quantum Minerals Ltd.
G. Clive Newall