Franco-Nevada backs Scottie with $7 million royalty, share purchase

Scottie Resources (TSXV: SCOT) has entered into a financing arrangement with Franco-Nevada (TSX: FNV; NYSE: FNV) giving Scottie C$9.6 million ($7m) with which to advance its projects. First, Scottie has sold a 2% gross production royalty to Franco-Nevada for C$8.1...