Franco Nevada

BMO Capital Markets - David Haughton

Bank of America/Merrill Lynch - Mike Jalonen

CIBC - Cosmos Chiu

GMP Securities - Craig West

National Bank Financial - Tanya Jakusconek

Paradigm Capital Inc. - Don MacLean

RBC Capital Markets - Stephen Walker

TD Securities - Greg Barnes

UBS Securities - Brian MacArthur

Wellington West Capital Markets - Paolo Lostritto