06:05 AM EDT, 09/12/2025 (MT Newswires) -- Franco-Nevada ( FNV ) said Friday it has reached a settlement with the Canada Revenue Agency for a final resolution of a tax dispute related to its income generated by its subsidiaries in Mexico and Barbados during the 2013 to 2019 taxation years

Under the settlement, Franco-Nevada ( FNV ) will not be required to pay tax in Canada on the foreign earnings of the subsidiaries while the service fee charged for certain services provided to the subsidiaries will be adjusted to increase the mark-up from the current range of between 7% and 20% to 30%, the company said.

The additional fee will result in an additional tax on income of 1.4 million Canadian dollars ($1.0 million), the company said.