Core Viewpoint - Versamet Royalties Corporation has announced a bought deal offering of 9,100,000 common shares at a price of C$13.75 per share, aiming for gross proceeds of C$125 million, with an option for underwriters to purchase an additional 15% to cover over-allotments [1][2] Group 1: Offering Details - The offering is expected to close on or about February 9, 2026, pending necessary regulatory approvals [2] - The net proceeds from the offering and a concurrent private placement will be utilized to repay debt, fund future acquisitions, and for general corporate purposes [3] - The common shares will be offered via a prospectus supplement to the company's base shelf prospectus, available in all Canadian provinces except Quebec, and may also be offered in the U.S. under Rule 144A [4] Group 2: Company Overview - Versamet is an emerging mid-tier precious metals royalty and streaming company focused on creating long-term per share value for its shareholders through the acquisition of high-quality assets [6] - The company's common shares are traded on the Toronto Stock Exchange under the symbol "VMET" [6]
Versamet Royalties Announces C$125 Million Bought Deal Financing and Concurrent Private Placement
Globenewswire·2026-01-29 12:26