Triple Flag Reaches Terms with Nevada Copper to Participate in Proposed Financing Package for Restart Plan at Pumpkin Hollow

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Aug 26, 2022

Triple Flag Precious Metals Corp. (“Triple Flag” or the “Company”) (TSX:TFPM, TSX:TFPM.U) today announced that it has reached an understanding with Nevada Copper Corp.(TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper”) and certain other key financing partners with respect to the non-binding terms of the proposed financing package announced today by Nevada Copper, who collectively will provide up to US$93 million of liquidity to Nevada Copper in order to support the restart and ramp-up of the Pumpkin Hollow copper mine (the “Underground Mine”) located in Yerington, Nevada. Nevada Copper also announced the key components of its newly developed restart plan for the Underground Mine.