Franco-Nevada Corporation Announces Commencement of Offer to Acquire Any and All of the Common Shares of International Royalty

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Franco-Nevada Corporation Announces Commencement .. All of the Common Shares of International Royalty

Franco-Nevada Corporation Announces Commencement of Offer to Acquire Any and All of the Common Shares of International Royalty

^{Published on 2009-12-14 07:32:41 - Market Wire}

 - 43% over the closing price of the IRC common shares on the TSX on the last trading day immediately before Franco-Nevada's announcement of its intention to make the Offer; - 54% over the volume weighted average trading price of the IRC common shares on the TSX for the 20 trading days immediately before that announcement; - 44% over the closing price of the IRC common shares on the AMEX on the last trading day immediately before that announcement; - 52% over the volume weighted average trading price of the IRC common shares on the AMEX for the 20 trading days immediately before that announcement.