David Allman of EKB hosted a presentation in March 2016 at the Royal York Hotel in Toronto on “The Hidden Economics of Stream Financing” given by Santeri Strategies LLC, held at the same time as the annual Prospectors and Developers of Canada (PDAC) Conference.
Streaming agreements have moved to the forefront of mine finance as a distressed pricing environment and difficulty in accessing traditional forms of equity and debt financing have required mining companies to explore non-traditional sources of capital. Alex Godell of Santeri Strategies described the structure of streaming agreement transactions, and provided insight into the dynamics and financial implications of these transactions, in a discussion specifically directed toward those on the mining side of streaming transactions.