OR Royalties Inc. (OR) Enters into a Definitive Agreement to Acquire Terraco Gold

Acquisition Details - OR Royalties Inc. has entered into a definitive agreement to acquire Terraco Gold for a total cash consideration of $168 million, with the transaction expected to close in the first half of 2026 [1] - Upon completion, OR Royalties will hold a combined 6.0% NSR royalty on the Schmidt Claims, a 4.0% NSR royalty on Additional Royalty Areas, and a 1.0% NSR royalty on the Perimeter Royalty Area [1] - The acquisition is expected to add gold equivalent ounces beyond the company's recently released 2030 five-year outlook range of 120,000 to 135,000 GEOs [1] Project Readiness - The Spring Valley project is construction-ready, with Solidus expecting first gold production in the first half of 2028 [1] Analyst Rating - TD Securities analyst Derick Ma has lowered the price target on OR Royalties Inc. to C$64 from C$67 and maintained a Hold rating on the shares [2]