Summit Royalties Provides Corporate Update and Highlights 2026 Catalysts

Core Viewpoint - Summit Royalties Ltd. experienced significant growth in 2025, establishing a diversified portfolio of precious metals royalties and streaming assets, and is positioned for further growth in 2026 through disciplined acquisitions and increased shareholder engagement [2][3]. 2025 Execution Milestones - Summit acquired a portfolio of seven royalties and one silver stream from IAMGOLD for $17.5 million, enhancing its cash-flowing assets [3]. - The acquisition included a 1.0% NSR royalty on the Madsen Project for $9.9 million, funded by an oversubscribed private financing that raised over $9.3 million at C$0.90 per share [3]. - The company completed a reverse takeover of Eagle Royalties Ltd., with shares commencing trading on the TSX Venture Exchange under the symbol "SUM" on November 10, 2025 [4]. 2026 Catalysts - Key catalysts for 2026 include: - A 50% silver stream on the Bomboré Mine in Burkina Faso, operated by Orezone Gold Corporation [5]. - An $80/oz production royalty on the first 250 Koz of gold sold from the Pitangui project in Brazil, with a 1.5% NSR royalty thereafter [5]. - A 0.5% NSR royalty on the Zancudo Mine in Colombia, operated by Denarius Metals Corp. [5]. - A 3.0% NSR royalty on the Lavras do Sul project in Brazil [5]. - Commercial production at Madsen is expected in H1-2026, ramping up to approximately 50 Koz per annum [6]. - The Bomboré hard rock plant expansion is projected to increase gold production by 45% to 170,000 to 185,000 oz in 2026 [6]. Debt Settlement - Summit entered a debt settlement with Royal Uranium Inc., settling a C$1,250,000 promissory note by issuing 3,500,000 common shares at C$0.50 per share [8]. Marketing and Investor Engagement - Management will participate in several investor engagement events in early 2026, including CEM AlphaNorth and VRIC in Vancouver [9]. - The company has strengthened its investor relations by engaging Macky Agency Corp. for communications services [10][11]. Company Overview - Summit Royalties Ltd. focuses on precious metals royalty and streaming, aiming to become a mid-tier company through accretive acquisitions that enhance production and cash flow [15]. - The company has no debt and sufficient cash for future acquisitions [15].