Versamet Royalties Welcomes Tether Investments and the Lundin Family as New Cornerstone Shareholders

Core Insights - Versamet Royalties Corporation has welcomed Tether Investments and the Lundin Family as new cornerstone shareholders, each acquiring approximately 12.7% of the company's common shares [1][2]. Shareholder Acquisition - Tether acquired 11,827,273 common shares, while the Lundins acquired 11,827,272 common shares, both representing around 12.7% of the total issued and outstanding shares [2]. - The shares were purchased from Royal Gold, Inc., which sold its entire holding of 23,654,545 common shares [3]. Investment Agreements - Versamet entered into separate Investor Rights Agreements with Tether and the Lundins, allowing each to nominate one director to the company, contingent on maintaining the ownership threshold [4]. Company Growth and Future Plans - CEO Dan O'Flaherty expressed enthusiasm about the partnership, highlighting the financial strength and strategic capabilities of Tether and the Lundins as beneficial for Versamet's growth [5]. - The company is at a pivotal moment as it advances its U.S. and TSX mainboard listings, with an asset portfolio expected to generate over 20,000 GEOs in 2026 [5]. Company Overview - Versamet Royalties Corporation is an emerging mid-tier precious metals royalty and streaming company focused on creating long-term per share value through high-quality asset acquisitions [6].