Lundin Gold Seals Silver Stream Deal and Plans LunR Share Dividend

An announcement from Lundin Gold ( (TSE:LUG) ) is now available.

Lundin Gold has signed a definitive silver stream agreement with Canada-based LunR Royalties, under which LunR will receive a life-of-mine silver stream from the Fruta del Norte gold mine in exchange for 50,505,051 LunR common shares. The transaction, expected to close in the second quarter of 2026 subject to customary approvals, formalizes terms announced in February and deepens Lundin Gold’s use of streaming structures to unlock value from byproduct metals.

Following closing, Lundin Gold plans to distribute all LunR shares it receives to its own shareholders as a dividend in kind, leaving the company with no ongoing equity interest in LunR. Shareholders in jurisdictions where securities laws restrict such a distribution, including the United States, will instead receive cash proceeds from the sale of the LunR shares allocated to them, a structure that broadens potential value realization for investors while ensuring regulatory compliance across markets.

The most recent analyst rating on (TSE:LUG) stock is a Buy with a C$108.00 price target. To see the full list of analyst forecasts on Lundin Gold stock, see the TSE:LUG Stock Forecast page.

More about Lundin Gold

Lundin Gold Inc., headquartered in Vancouver, operates the high-grade Fruta del Norte gold mine in southeast Ecuador, one of the world’s highest-grade operating gold assets. The company focuses on responsible, transparent operations aligned with international best practices while pursuing ongoing exploration of its extensive land package to support long-term growth and create economic, social and environmental value for stakeholders.

Average Trading Volume: 667,355

Technical Sentiment Signal: Buy

Current Market Cap: C$26.59B

For an in-depth examination of LUG stock, go to TipRanks’ Overview page.