Morgan & Morgan advised Minera Panama, S.A. and First Quantum Minerals Ltd. in connection with a Streaming Agreement for an amount of US$1,000,000,000.00

January, 2016 - Panama, Panama

Franco-Nevada (Barbados) Corporation, as Buyer, and Minera Panama, S.A., as Seller, and Inmet Panama I S. À R.L., and Inmet Panama II S.A., and Inmet Finance Company S. À R.L.; signed a revised Purchase and Sale Agreement dated October 29, 2015, for a precious metals stream on the Cobre Panama copper project in Panama, by which the Buyer would provide a cash deposit payment of US$1,000,000,000.00 against future deliveries by the Seller of certain precious metals.

Partner Inocencio Galindo and associate Aristides Anguizola, participated in this transaction.

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