MI6.AX Minerals 260 (ASX) up 41.67% at close 24 Feb 2026: Franco‑Nevada backing signals catalyst

MI6.AX stock led ASX gainers on 24 Feb 2026 after a financing package with Franco‑Nevada drove a sharp re‑rating. The Minerals 260 Limited (ASX: MI6) share price closed at A$0.595, up 41.67%, on volume of 14,118,933 shares compared with an average daily volume of 6,856,497. The move follows a A$220.00 million funding agreement and a A$50.00 million equity commitment from Franco‑Nevada that materially reduces project funding risk for the Bullabulling gold project.