Franco-Nevada offers ‘financial lifeline’ to Red Pine Exploration

Trading at a 50% year-to-date drop at C$0.15 per share, Red Pine Exploration (TSXV: RPX) has signed an agreement with Franco-Nevada (TSX; FNV; NYSE: FNV) securing an immediate cash injection of C$6.8 million. Red Pine sold a 1.5% net smelter...