Freehold Royalties Ltd. (TSX:FRU) entered into definitive agreement to acquire High quality Permian mineral title & royalty assets located in Delaware basin in New Mexico & Texas on December 10, 2023. In a related transaction Freehold Royalties Ltd. entered into definitive agreement to acquire High quality Permian mineral title and royalty assets located in the Midland basin in Texas. The aggregate consideration for these transactions is CAD115 million. The Acquisitions will be funded through the utilization of Freehold?s existing credit facility and are expected to close in January 2024.

Freehold Royalties Ltd. (TSX:FRU) completed the acquisition of High quality Permian mineral title & royalty assets located in Delaware basin in New Mexico & Texas in January 2024.