Freehold Royalties Ltd FRU.TO :
* . ANNOUNCES STRONG GROWTH IN FUNDS FROM OPERATIONS AND THIRD QUARTER RESULTS
* Q3 FFO PER SHARE C$0.30
* QTRLY EARNINGS PER SHARE $0.07
* QTRLY ROYALTY AND OTHER REVENUE $40.8 MILLION VERSUS $33.9 MILLION
* QTRLY ROYALTY PRODUCTION AVERAGED 10,322 BOE/D, DOWN 5% VERSUS Q3-2017 AND 7% WHEN COMPARED TO Q2-2018
* REVISING FY2018 AVERAGE PRODUCTION RANGE DOWNWARDS BY 4% TO 11,250-11,500 BOE/D
* MAINTAINING 2018 DRILLING FORECAST OF 20 NET WELLS
* REDUCED AECO NATURAL GAS PRICE ASSUMPTION TO $1.55/MCF FOR FY