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Franco-Nevada Corp
Symbol FNV
Shares Issued 192,855,630
Close 2026-07-14 C$ 285.28
Market Cap C$ 55,017,854,126
Recent Sedar+ Documents

FP/wire say Franco-Nevada co-founder Cadillac's chair

2026-07-15 08:58 ET - In the News

The Financial Post reports in its Wednesday edition that Cadillac Mines and Amapa Minerals Holdings filed for initial public offerings, in the latest sign that the pace of Canadian listings is starting to pick up. A Bloomberg dispatch to the Post reports that Cadillac has claims on property in Ontario, where its flagship Kerr-Addison project is located, and in Quebec. It counts Franco-Nevada co-founder Pierre Lassonde as its chairman. Amapa's key asset is a past-producing open-pit gold mine in Northern Brazil, which produced over 1.5 million ounces of gold from 2005 to 2021. The number of shares and offering prices for both companies are still to be determined. The potential listings add to a growing pipeline of Toronto debuts, after several years of lacklustre IPO activity. They join BG Gold Capital II, which filed on July 7 for a Toronto listing to fund its gold project in Nunavut. Led by the $1.1-billion debut of generic drug maker Apotex Health in late May, Canadian IPOs have raised $1.8-billion in the busiest year for new listings by volume since 2021. Cadillac plans to expand its gold resource base at Kerr-Addison, advance its Geminid nickel deposit and unlock the potential of its Abitibi land position.

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