Franco-Nevada DRIP -- summary under Discounted Dividend Plan
Description of Plan
Participants may purchase additional Common Shares by automatically reinvesting cash dividends from treasury or through open market purchases. If from treasury, they purchases can be at a discount determined by the Company of up to 5% (currently 3%) to the weighted average trading price for all trades of Common Shares on the Toronto Stock Exchange for the five board-lot trading immediately preceding the dividend payment date.