{"id":747663,"date":"2023-04-13T17:55:00","date_gmt":"2023-04-13T21:55:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/"},"modified":"2023-04-13T17:55:00","modified_gmt":"2023-04-13T21:55:00","slug":"triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/","title":{"rendered":"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwpagebreakafter { page-break-after: always }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date<\/b><\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTriple Flag Precious Metals Corp. (with its subsidiaries, \u201cTriple Flag\u201d or the \u201cCompany\u201d) (TSX: TFPM, NYSE: TFPM) announced record revenue of $50.3 million for the first quarter of 2023, translating to record metal sales of 26,599 gold equivalent ounces<sup>1<\/sup> (\u201cGEOs\u201d). All dollar amounts are expressed in US dollars.<\/p>\n<p><b>Preliminary Q1 2023 Sales and Revenue<\/b><\/p>\n<p><b><i>GEOs Sold and Revenue by Commodity<\/i><\/b><i><b><sup>2<\/sup><\/b><\/i><\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignb bwpadl0 bwrowaltcolor1\" rowspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b><span class=\"bwinvisible\">Q1 2023<\/span><\/b><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignb bwpadl0 bwrowaltcolor1\" rowspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b><span class=\"bwinvisible\">Q1 2022<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwrowaltcolor1 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b><span class=\"bwinvisible\">GEOs Sold<\/span><\/b><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwrowaltcolor1 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b><span class=\"bwinvisible\">Revenue ($M)<\/span><\/b><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwrowaltcolor1 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b><span class=\"bwinvisible\">GEOs Sold<\/span><\/b><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwrowaltcolor1 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b><span class=\"bwinvisible\">Revenue ($M)<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nGold<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n14,005<\/p>\n<\/td>\n<td class=\"bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n26.5<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n10,223<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n19.2<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSilver<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n11,385<\/p>\n<\/td>\n<td class=\"bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n21.5<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n8,517<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n16.0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nOther<\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n1,209<\/p>\n<\/td>\n<td class=\"bwrowaltcolor1 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n2.3<\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n1,373<\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n2.6<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Total<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>26,599<\/b><\/p>\n<\/td>\n<td class=\"bwrowaltcolor1 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>50.3<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>20,113<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwpadr0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>37.8<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b>Conference Call Details<\/b><\/p>\n<p>\nTriple Flag will release its Q1 2023 results on Tuesday, May 9, 2023, after market close. A conference call and live webcast presentation will be held the following day, May 10, 2023, starting at 9:00 a.m. ET (6:00 a.m. PT) to discuss these results. The live webcast can be accessed by visiting the Events and Presentations page on the Company\u2019s website at: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tripleflagpm.com&amp;esheet=53381074&amp;newsitemid=20230413005815&amp;lan=en-US&amp;anchor=www.tripleflagpm.com&amp;index=1&amp;md5=0de20ae89eeaa1fe7b06c97701c72a86\">www.tripleflagpm.com<\/a>. An archived version of the webcast will be available on the website for two weeks following the webcast.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Live Webcast:<\/b><\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fevents.q4inc.com%2Fattendee%2F526651349&amp;esheet=53381074&amp;newsitemid=20230413005815&amp;lan=en-US&amp;anchor=https%3A%2F%2Fevents.q4inc.com%2Fattendee%2F526651349&amp;index=2&amp;md5=8ab9f34ccd7417893b06dcdb9ff6da6e\">https:\/\/events.q4inc.com\/attendee\/526651349<\/a><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Dial-In Details:<\/b><\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nToll-Free (U.S. &amp; Canada): +1 (888) 330-2384<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nInternational: +1 (647) 800-3739<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nConference ID: 4548984<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Replay (Until May 24):<\/b><\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nToll-Free (U.S. &amp; Canada): +1 (800) 770-2030<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nInternational: +1 (647) 362-9199<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nConference ID: 4548984<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<div class=\"bwpagebreakafter\" \/>\n<p><b>About Triple Flag<\/b><\/p>\n<p>\nTriple Flag is a pure play, gold-focused, emerging senior streaming and royalty company. We offer bespoke financing solutions to the metals and mining industry with exposure primarily to gold and silver in the Americas and Australia, with a total of 229 assets, including 15 streams and 214 royalties. These investments are tied to mining assets at various stages of the mine life cycle, including 29 producing mines and 200 development and exploration stage projects. Triple Flag is listed on the Toronto Stock Exchange and New York Stock Exchange, under the ticker \u201cTFPM\u201d.<\/p>\n<div class=\"bwpagebreakafter\" \/>\n<p><b>Forward-Looking Information<\/b><\/p>\n<p>\nThis news release contains \u201cforward-looking information\u201d within the meaning of applicable Canadian securities laws and \u201cforward-looking statements\u201d within the meaning of the United States Private Securities Litigation Reform Act of 1995, respectively (collectively referred to herein as \u201cforward-looking information\u201d). Forward-looking information may be identified by the use of forward-looking terminology such as \u201cplans\u201d, \u201ctargets\u201d, \u201cexpects\u201d, \u201cis expected\u201d, \u201cbudget\u201d, \u201cscheduled\u201d, \u201cestimates\u201d, \u201coutlook\u201d, \u201cforecasts\u201d, \u201cprojection\u201d, \u201cprospects\u201d, \u201cstrategy\u201d, \u201cintends\u201d, \u201canticipates\u201d, \u201cbelieves\u201d, or variations of such words and phrases or terminology which states that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d, \u201cwill\u201d, \u201cwill be taken\u201d, \u201coccur\u201d or \u201cbe achieved\u201d. Forward-looking information in this news release include, but are not limited to, statements with respect to the Company\u2019s preliminary sales and revenue information for the first quarter of 2023, the release of its financial results for the first quarter of 2023 and the conduct of the conference call to discuss said results. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management\u2019s expectations, estimates and projections regarding possible future events or circumstances.<\/p>\n<p>\nThe forward-looking information included in this news release is based on our opinions, estimates and assumptions considering our experience and perception of historical trends, current conditions and expected future developments, our assumptions regarding the acquisition of Maverix Metals Inc. (including our ability to derive the anticipated benefits therefrom), as well as other factors that we currently believe are appropriate and reasonable in the circumstances. The forward-looking information contained in this news release is also based upon a number of assumptions, including the ongoing operation of the properties in which we hold a stream or royalty interest by the owners or operators of such properties in a manner consistent with past practice; the accuracy of public statements and disclosures made by the owners or operators of such underlying properties; and the accuracy of publicly disclosed expectations for the development of underlying properties that are not yet in production. These assumptions include, but are not limited to, the following: assumptions in respect of current and future market conditions and the execution of our business strategies, that operations, or ramp-up where applicable, at properties in which we hold a royalty, stream or other interest, continue without further interruption through the period, 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 \u201cRisk Factors\u201d in our most recently filed annual information form which is available on SEDAR at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedar.com&amp;esheet=53381074&amp;newsitemid=20230413005815&amp;lan=en-US&amp;anchor=www.sedar.com&amp;index=3&amp;md5=7fbf0722567c72731cca77066f22b28d\">www.sedar.com<\/a> and on EDGAR at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53381074&amp;newsitemid=20230413005815&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=4&amp;md5=c67097149a0f5d22d5da92d0ed0cb42d\">www.sec.gov<\/a>. 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.<\/p>\n<p>\nAlthough 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 the forward-looking information contained in this news release is expressly qualified by the foregoing cautionary statements.<\/p>\n<div class=\"bwpagebreakafter\" \/>\n<p><b>Cautionary Statement to U.S. Investors<\/b><\/p>\n<p>\nInformation contained or referenced in this press release or in the documents referenced herein concerning the properties, technical information and operations of Triple Flag has been prepared in accordance with requirements and standards under Canadian securities laws, which differ from the requirements of the U.S. Securities and Exchange Commission (\u201cSEC\u201d) under subpart 1300 of Regulation S-K (\u201cS-K 1300\u201d). Because the Company is eligible for the Multijurisdictional Disclosure System adopted by the SEC and Canadian Securities Administrators, Triple Flag is not required to present disclosure regarding its mineral properties in compliance with S-K 1300. Accordingly, certain information contained in this press release may not be comparable to similar information made public by US companies subject to reporting and disclosure requirements of the SEC.<\/p>\n<p><b>Technical and Third-Party Information:<\/b><\/p>\n<p>\nTriple Flag does not own, develop or mine the underlying properties on which it holds stream or royalty interests. As a royalty or stream holder, Triple Flag has limited, if any, access to properties included in its asset portfolio. As a result, Triple Flag is dependent on the owners or operators of the properties and their qualified persons to provide information to Triple Flag and on publicly available information to prepare disclosure pertaining to properties and operations on the properties on which Triple Flag holds stream, royalty, or other similar interests. Triple Flag generally has limited or no ability to independently verify such information. Although Triple Flag does not believe that such information is inaccurate or incomplete in any material respect, there can be no assurance that such third-party information is complete or accurate.<\/p>\n<div class=\"bwpagebreakafter\" \/>\n<p><b><i><sup>1<\/sup><\/i><i> Gold Equivalent Ounces (\u201cGEOs\u201d)<\/i><\/b><\/p>\n<p>\nGEOs are a non-IFRS measure that is based on stream and royalty interests and calculated on a quarterly basis by dividing all revenue from such interests for the quarter by the average gold price during such quarter. The gold price is determined based on the LBMA PM fix. For periods longer than one quarter, GEOs are summed for each quarter in the period. Management uses this measure internally to evaluate our underlying operating performance across our stream and royalty portfolio for the reporting periods presented and to assist with the planning and forecasting of future operating results. GEOs are intended to provide additional information only and do not have any standardized definition under IFRS and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The measures are not necessarily indicative of gross profit or operating cash flow as determined under IFRS. Other companies may calculate these measures differently. The following table reconciles GEOs to revenue, the most directly comparable IFRS measure.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b><i><span class=\"bwinvisible\" \/><\/i><\/b><i><span class=\"bwinvisible\">($ thousands, except average gold price and GEOs information)<\/span><\/i><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b><span class=\"bwinvisible\">Q1-2023<\/span><\/b><\/p>\n<\/td>\n<td class=\"bwtablemarginb bwblockalignl bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b><span class=\"bwinvisible\">Q1-2022<\/span><\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nRevenue<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n50,269<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n37,755<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nAverage gold price per ounce<\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n1,890<\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n1,877<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>GEOs<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>26,599<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\"><b>20,113<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><sup>2<\/sup> Results are unaudited.<\/p>\n<\/td>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\n\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230413005815r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230413005815\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230413005815\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations:<br \/>\n<\/b><br \/>James Dendle<br \/>\n<br \/>Senior Vice President, Corporate Development<br \/>\n<br \/>+1 (416) 304-9770<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@tripleflagpm.com\">ir@tripleflagpm.com<\/a><\/p>\n<p><b>Media:<br \/>\n<\/b><br \/>Gordon Poole, Camarco<br \/>\n<br \/>+44 (0) 7730 567 938<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:tripleflag@camarco.co.uk\">tripleflag@camarco.co.uk<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mining\/Minerals Natural Resources<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230413005815\/en\/1763634\/3\/TFPM_-_Regular_-_High-Res.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date TORONTO&#8211;(BUSINESS WIRE)&#8211; Triple Flag Precious Metals Corp. (with its subsidiaries, \u201cTriple Flag\u201d or the \u201cCompany\u201d) (TSX: TFPM, NYSE: TFPM) announced record revenue of $50.3 million for the first quarter of 2023, translating to record metal sales of 26,599 gold equivalent ounces1 (\u201cGEOs\u201d). All dollar amounts are expressed in US dollars. Preliminary Q1 2023 Sales and Revenue GEOs Sold and Revenue by Commodity2 \u00a0 Q1 2023 \u00a0 Q1 2022 \u00a0 GEOs Sold \u00a0 Revenue ($M) \u00a0 GEOs Sold \u00a0 Revenue ($M) Gold \u00a0 14,005 \u00a0 26.5 \u00a0 10,223 \u00a0 19.2 Silver \u00a0 11,385 \u00a0 21.5 \u00a0 8,517 \u00a0 16.0 Other \u00a0 1,209 \u00a0 2.3 \u00a0 1,373 \u00a0 2.6 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-747663","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date TORONTO&#8211;(BUSINESS WIRE)&#8211; Triple Flag Precious Metals Corp. (with its subsidiaries, \u201cTriple Flag\u201d or the \u201cCompany\u201d) (TSX: TFPM, NYSE: TFPM) announced record revenue of $50.3 million for the first quarter of 2023, translating to record metal sales of 26,599 gold equivalent ounces1 (\u201cGEOs\u201d). All dollar amounts are expressed in US dollars. Preliminary Q1 2023 Sales and Revenue GEOs Sold and Revenue by Commodity2 \u00a0 Q1 2023 \u00a0 Q1 2022 \u00a0 GEOs Sold \u00a0 Revenue ($M) \u00a0 GEOs Sold \u00a0 Revenue ($M) Gold \u00a0 14,005 \u00a0 26.5 \u00a0 10,223 \u00a0 19.2 Silver \u00a0 11,385 \u00a0 21.5 \u00a0 8,517 \u00a0 16.0 Other \u00a0 1,209 \u00a0 2.3 \u00a0 1,373 \u00a0 2.6 &hellip; Continue reading &quot;Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-13T21:55:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230413005815r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date\",\"datePublished\":\"2023-04-13T21:55:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\\\/\"},\"wordCount\":1553,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230413005815r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\\\/\",\"name\":\"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date - 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(with its subsidiaries, \u201cTriple Flag\u201d or the \u201cCompany\u201d) (TSX: TFPM, NYSE: TFPM) announced record revenue of $50.3 million for the first quarter of 2023, translating to record metal sales of 26,599 gold equivalent ounces1 (\u201cGEOs\u201d). All dollar amounts are expressed in US dollars. Preliminary Q1 2023 Sales and Revenue GEOs Sold and Revenue by Commodity2 \u00a0 Q1 2023 \u00a0 Q1 2022 \u00a0 GEOs Sold \u00a0 Revenue ($M) \u00a0 GEOs Sold \u00a0 Revenue ($M) Gold \u00a0 14,005 \u00a0 26.5 \u00a0 10,223 \u00a0 19.2 Silver \u00a0 11,385 \u00a0 21.5 \u00a0 8,517 \u00a0 16.0 Other \u00a0 1,209 \u00a0 2.3 \u00a0 1,373 \u00a0 2.6 &hellip; Continue reading \"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/","og_site_name":"Market Newsdesk","article_published_time":"2023-04-13T21:55:00+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230413005815r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date","datePublished":"2023-04-13T21:55:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/"},"wordCount":1553,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230413005815r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/triple-flag-announces-record-metals-sales-for-q1-2023-and-results-release-date\/","name":"Triple Flag Announces Record Metals Sales for Q1 2023 and Results Release Date - 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