Orogen Royalties Announces Private Placement Update

Core Viewpoint - Orogen Royalties Inc. has announced the cancellation of its planned private placement but remains well-funded to pursue its project generation and royalty acquisition objectives [1][2]. Group 1: Company Strategy and Operations - The cancellation of the private placement does not impact the company's exploration and investment strategy [2]. - Orogen plans to conduct up to 16 partner-funded drill programs throughout 2026, totaling over 50,000 meters of drilling, aimed at advancing projects and increasing the likelihood of exploration discoveries [2]. - The company is actively pursuing several short-term acquisition opportunities that complement its existing portfolio [2]. Group 2: Company Profile - Orogen Royalties focuses on organic royalty creation and acquisitions of precious and base metal discoveries in western North America [3]. - The company's royalty portfolio includes a 2.0% NSR royalty on the Ermitaño gold and silver mine in Sonora, Mexico, operated by First Majestic Silver Corp [3]. - Orogen is well-financed with multiple projects currently being developed by joint venture partners [3].