VANCOUVER, BC, Feb. 22, 2026 /CNW/ - Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (OTCQX: LUGDF) ("Lundin Gold" or the "Company") is pleased to announce that it has signed a binding term sheet with LunR Royalties Corp. ("LunR") for a proposed $670 million silver stream–for–equity transaction (the "Transaction"), based on the 20-day volume weighted average price ("VWAP") of the LunR shares on the TSX Venture Exchange ("TSXV") as of February 20, 2026. Under the terms of the Transaction, Lundin Gold will sell a silver stream on the Company's Fruta del Norte ("FDN") mine in Ecuador in exchange for newly issued shares of LunR. Upon closing of the Transaction, subject to compliance with all applicable laws, the LunR shares received by Lundin Gold (the "Consideration Shares") will be distributed to Lundin Gold shareholders as a dividend‑in‑kind as further described below, and Lundin Gold will not hold any LunR shares following completion of such distribution. PDF Version
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Lundin Gold Announces $670 Million Silver Stream-for-Equity Transaction with LunR Royalties
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