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RGLD to Reduce Debt & Optimize Portfolio With Versamet Shares Sale
Royal GoldRoyal Gold(US:RGLD) ZACKS·2025-11-18 19:51

Key Takeaways RGLD will sell 23.6M Versamet shares it deems non-core to support debt repayment.Royal Gold says the sale follows shares gained from the Sandstorm Gold merger in October 2025.RGLD will hold no Versamet shares after the deal, fully exiting its 25% ownership position.Royal Gold, Inc. ((RGLD) announced that its fully-owned subsidiary, International Royalty Corporation (“IRC”), has inked a deal to sell 11,827,273 common shares of Versamet Royalties Corporation to Tether Investments and 11,827,272 ...