Evolve Royalties Ltd. Announces Completion of its Business Combination and Listing on the CSE

Core Viewpoint - Evolve Royalties Ltd. has successfully completed its business combination and will commence trading on the Canadian Securities Exchange (CSE) under the ticker symbol "EVR" on December 17, 2025 [2][3]. Company Overview - Evolve Royalties Ltd. is a newly formed entity focused on the copper royalty and base and battery metals sector, aiming to build a diversified portfolio of royalties and streams from high-margin mining assets [4]. - The company has a total of 46,529,423 Evolve Shares issued and outstanding following the business combination and share consolidation [4]. Business Combination Details - The business combination involved Evolve Strategic Element Royalties Ltd. and included a share consolidation of Voyageur Minerals Explorers Corp. on a 4 to 1 basis, along with a name change to Evolve Royalties Ltd. [4]. - Holders of subscription receipts from Evolve Strategic Element Royalties Ltd. will receive 0.285 Evolve Shares for each subscription receipt held, with a cost base of $2.81 per share [5]. Shareholder Information - Shareholders of Voyageur who hold shares through brokers or banks will automatically receive their new Evolve Shares, while registered shareholders must submit a letter of transmittal to receive their shares [6][7]. Portfolio Highlights - Evolve's portfolio includes royalties from significant mining operations, such as a net profit interest in Teck Resources Limited's Highland Valley Copper Operation and various NSR royalties on copper and other metals from Hudbay Minerals Inc. and Foran Mining Corporation [11].