Freehold Royalties Announces Departure of Chief Operating Officer
Globenewswire·2025-11-27 21:25

Core Viewpoint - Freehold Royalties Ltd. announces the departure of Chief Operating Officer Robert King and the elimination of the COO role as part of a restructuring strategy to align with the company's new operating structure [1]. Group 1: Management Changes - Robert King has left his position as Chief Operating Officer after six years with the company, contributing to its North American growth strategy [1]. - The company will redistribute the responsibilities of the COO role across the existing executive team following the termination of the management agreement with Rife Resources Ltd. [1]. Group 2: Company Overview - Freehold Royalties Ltd. is a leading North American energy royalty company, holding approximately 6.1 million gross acres in Canada and about 1.2 million gross drilling acres in the United States [2]. - The company's common shares are traded on the Toronto Stock Exchange under the symbol FRU [2].