Triple Flag Announces Q3 2023 Results – On Track to Achieve Guidance

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Algemeen advies 08/11/2023 10:49
Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM)
announced its results for the third quarter of 2023 and declared a dividend of US$0.0525 per common share to
be paid on December 15, 2023. All amounts are expressed in US dollars unless otherwise indicated.
“Our business continued its strong performance in the third quarter of 2023, and we are on track to deliver our
full-year GEOs sales guidance of 100,000 to 115,000 ounces,” commented Shaun Usmar, CEO. “Triple Flag
maintained a solid pace of accretive acquisitions during the quarter, with an incremental 2.65% royalty acquired
at the producing Stawell gold mine in Australia, which follows the acquisition of the Agbaou royalty during the
second quarter and the Maverix transaction completed earlier this year. This brings the total value of transactions
closed during this year to nearly $700 million. Sustainability is also core to our identity and subsequent to quarterend, we achieved a year-over-year improvement in our Sustainalytics’ ESG Risk Rating, and now rank 3rd out of 117
companies in the global precious metals sector.”
Q3 2023 Financial Highlights
Q3 2023 Q3 2022
Revenue $49.4 million $33.8 million
Gold Equivalent Ounces (“GEOs”)1 25,629 19,523
Operating Cash Flow3 $36.8 million $25.4 million
Net (Loss) Earnings -$6.0 million (-$0.03/share) $12.8 million ($0.08/share)
Adjusted Net Earnings2 $17.3 million ($0.09/share) $13.3 million ($0.09/share)
Adjusted EBITDA4 $38.8 million $26.1 million
Asset Margin5 90% 90%

see & read more on
https://s29.q4cdn.com/841442677/files/doc_financials/2023/q3/2023-11-07-Triple-Flag-Announces-Q3-2023-Results-On-Track-to-Achieve-Guidance.pdf

AND
Triple Flag Declares Q4 2023 Dividend
Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, NYSE:TFPM) is
pleased to announce that its Board of Directors has approved the declaration of a cash dividend of US$0.0525 per
common share to be paid on December 15, 2023 to the shareholders of record at the close of business on
November 30, 2023.



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