Triple Flag Establishes Automatic Share Purchase Plan
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NEWS RELEASE
Toronto, December 23, 2021
Triple Flag Establishes Automatic Share Purchase Plan
Triple Flag Precious Metals Corp. (“ Triple Flag”) (TSX:TFPM, TSX:TFPM.U), a gold-focused streaming and royalty
company that offers bespoke financing solutions to the metals and mining industry, today announced that, in
connection with its previously announced normal course issuer bid (“ NCIB”) to purchase up to 2,000,000 of its
common shares, it recently entered into an automatic share purchase plan (“ ASPP”) with the designated broker
responsible for the NCIB. The ASPP is intended to allow for the purchase of its common shares under the NCIB at
times when Triple Flag would ordin arily not be permitted to purchase its common shares due to regulatory
restrictions and customary self-imposed blackout periods.
Pursuant to the ASPP, prior to entering into a blackout period, Triple Flag may, but is not required to, instruct the
designated broker to make purchases under the NCIB in accordance with the terms of the ASPP. Such purchases
will be made by the designated broker in its sole discretion based on parameters established by Triple Flag prior
to the blackout period in accordance with the rules of the Toronto Stock Exchange (“ TSX”), applicable securities
laws and the terms of the ASPP. The ASPP has been pre-cleared by the TSX and will be implemented effective as
of January 1, 2022.
Outside of the pre-determined blackout periods, common shares may be purchased under the NCIB based on the
discretion of Triple Flag’s management, in compliance with TSX rule s and applicable securities laws. The NCIB
commenced on October 14, 2021 and will end no later than October 13, 2022. All repurchases made under the
ASPP will be included in computing the number of common shares purchased under the NCIB. As of the date
hereof, Triple Flag has purchased 155,778 of its common shares under the NCIB.
About Triple Flag
Triple Flag’s shares are listed on the TSX under TFPM.U (USD listing) and TFPM (CAD listing). On May 26, 2021
Triple Flag closed its initial public offering (“IPO”), which was the largest TSX-listed mining IPO since 2012 by size
and market capitalization, and the largest precious metals IPO globally by market capitalization since 2008. Triple
Flag is a gold-focused streaming and royalty company, providing investors exposure to a long-life, diversified and
high-quality portfolio of streams and royalties, that generates robust free cash flows. Our business is underpinned
by a rigorous focus on asset quality, optionality, sustainability and risk management. We offer bespoke financing
solutions to the metals and mining industry. Our mission is to be a sought -after, long-term funding partner to
mining companies throughout the commodity cycle. Since our inception in 2016, we have delivered sector-leading
growth through the construction of a diversified portfolio of streams and royalties that provides exposure
primarily to gold and silver in the Americas and Australia. We have 75 assets, including 9 streams and 66 royalties.
These investments are tied to mining assets at various stages of the mine life cycle, including 15 producing mines
and 60 development and exploration stage projects. References to Triple Flag mean Triple Flag Precious Metals
Corp., together with its wholly owned subsidiaries.
NEWS RELEASE
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Contact Information
Inquiries:
James Dendle
Vice President, Evaluations & Investor Relations
+1 (416) 304-9770
Forward-Looking Information
This news release contains “forward -looking information” within the meaning of applicable Canadian securities
laws. Forward-looking information may be identified by the use of forward -looking terminology such as “plans”,
“targets”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projection”,
“prospects”, “strategy”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or
terminology which states that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be
taken”, “occur” or “be achieved”. Our intentions with respect to the NCIB and ASPP described in this news release
are considered forward -looking information. In addition, any statements that refer to expectations, intentions,
projections or other char acterizations of future events or circumstances contain forward -looking information.
Statements containing forward-looking information are not historical facts but instead represent management’s
expectations, estimates and projections regarding possible future events or circumstances.
The forward -looking information included in this news release is based on our opinions, estimates and
assumptions in light of our experience and perception of historical trends, current conditions and expected future
developments, as well as other factors that we currently believe are appropriate and reasonable in the
circumstances. These assumptions include, but are not limited to, the following: assumptions in respect of our
capital resources and current and future market con ditions (including the pricing and trading volume of our
common shares) and the execution of our business strategies , and the absence of any other factors that could
cause actions, events or results to differ from those anticipated, estimated, intended or implied. Despite a careful
process to prepare and review the forward -looking information, there can be no assurance that the underlying
opinions, estimates and assumptions will prove to be correct. Forward-looking information is also subject to
known and unknown risks, uncertainties and other factors that may cause the actual results , level of activity,
performance or achievements to be materially different from those expressed or implied by such forward-looking
information. Such risks, uncertainties and other factors include, but are not limited to, those set forth under the
caption “Risk Factors” in our May 19, 2021 prospectus. For clarity, mineral resources that are not mineral reserves
do not have demonstrated economic viability and inferred resources are considered too geologically speculative
for the application of economic considerations.
Although we have attempted to identify important risk factors that could cause actual results or future events to
differ materially from those contained in forward looking information, there may be other risk factors not
presently known to us or that we presently believe are not material that could also cause actual results or future
events to differ materially from those expressed in such forward-looking information. There can be no assurance
that such information will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking
information, which speaks only as of the date made. The forward -looking information contained in this news
release represents our expectations as of the date of this news release and is subject to change after such date.
We disclaim any intention or obligation or undertaking to update or revise any forward -looking information
whether as a result of new information, future events or otherwise , except as required by applicable securities
laws. All of the forward-looking information contained in this news release is expressly qualified by the foregoing
cautionary statements.