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Gold/Mining/Energy : Franco-Nevada (FN - TSE) - zero debt, cash rich royalty co. -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (507)	1/23/2002 12:57:13 PM
From: Traveling Man	Respond to of 511

Roger that. The only thing that I fear is possibly in this extended price depression,Goldcorp will have the problems FN did with finding new mines. I've always assumed FN didn't lose it's touch,just the environment has destroyed R&D of the juniors for new deposits. TM

To: Bearcatbob who wrote (507)	1/31/2002 4:41:31 PM
From: Traveling Man	Read Replies (1) \| Respond to of 511

Franco-Nevada Shareholders Approve Arrangement with Newmont TORONTO, Jan. 30 /CNW/ - Franco-Nevada Mining Corporation Limited (TSE:FN) is pleased to announce that at a special shareholders' meeting held today the shareholders approved the Plan of Arrangement whereby Franco-Nevada shareholders will receive 0.80 of a share of common stock of Newmont Mining Corporation (NYSE:NEM) or 0.80 of an Exchangeable Share (each Share of which will be exchangeable for one share of common stock of Newmont) for each common share of Franco Nevada. The vote was 98.74% in favour. The application for the final order of the Ontario Superior Court of Justice approving the Plan of Arrangement will be heard on February 1, 2002. Letters of transmittal previously mailed to shareholders are to be completed and returned to Computershare Trust Company of Canada by 5:00 PM (Toronto time) on February 15, 2002. If instructions are not received, by default, the shareholders will receive Newmont common stock. Completion of the Arrangement is subject to certain conditions, including approval of certain matters at a special meeting of Newmont shareholders scheduled to be held on February 13, 2002 and acceptance of Newmont's bid for Normandy Mining Limited (ASX:NDY) by holders of at least 50.1% of the ordinary shares of Normandy (calculated on a fully diluted basis). Franco-Nevada's 19.8% interest in Normandy has been committed to the Newmont bid and will be counted toward this acceptance threshold. Provided all remaining conditions are met or waived, it is currently anticipated that the Franco-Nevada Plan of Arrangement will be effective on February 15, 2002 and the exchangeable shares will begin trading on the TSE within a few days thereafter. For further information, please contact: Sharon E. Dowdall Vice President, General Counsel & Secretary Tel: 416-480-6491 franco-nevada.com