Precious Metals Royalty and Streaming
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Summit Royalties Provides Corporate Update and Highlights 2026 Catalysts
Globenewswire· 2026-01-08 11:45
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].
Versamet Royalties Announces Record Operating and Financial Results for the Third Quarter of 2025
Newsfile· 2025-11-12 22:52
Versamet Royalties Announces Record Operating and Financial Results for the Third Quarter of 2025November 12, 2025 5:52 PM EST | Source: Versamet Royalties CorporationAll amounts are in U.S. dollars unless otherwise indicated.Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Versamet Royalties Corporation (TSXV: VMET) ("Versamet" or the "Company") announces another consecutive quarter of record operating and financial results for the three months ended September 30, 2025, dri ...
Gold Royalty Reports Record Quarterly and Year-To-Date Revenue
Prnewswire· 2025-10-23 20:30
Core Insights - Gold Royalty Corp. reported record revenue for Q3 2025, with total revenue, land agreement proceeds, and interest increasing by approximately 76% to $4.6 million compared to Q3 2024, equating to 1,323 gold equivalent ounces (GEOs) [2][3] - For the first nine months of 2025, total revenue reached a record $12.6 million, a 40% increase from the same period in 2024, equating to 3,918 GEOs [2][3] Financial Performance - The company achieved total revenue of $4.573 million for Q3 2025, up from $2.601 million in Q3 2024, with revenue of $4.148 million compared to $2.060 million in the same period [11][12] - For the nine months ended September 30, 2025, total revenue was $12.562 million, compared to $9.001 million in the same period of 2024 [11][12] Operational Highlights - The strong cash flows were driven by the performance of royalty interests in Borden, Borborema, Côté, and Cozamin, alongside an improving gold price [3] - The company expects total GEOs for 2025 to be around or modestly below the bottom of the guidance range of 5,700 - 7,000 ounces due to the transition of the Vareš mine to new ownership [3] Future Outlook - Gold Royalty anticipates record-level cash flows in 2025, supported by an improved gold price and exposure to net smelter return royalties, which have no costs associated with higher gold prices [3] - The company aims to be essentially debt-free by the end of 2026, aided by positive free cash flow [3]
Gold Royalty Reports Record Revenue in the Second Quarter 2025
Prnewswire· 2025-07-24 21:00
Core Insights - Gold Royalty Corp. reported record revenue for the second quarter and first half of 2025, with total revenue increasing by approximately 100% to $4.4 million compared to the same quarter in 2024 [2] - The company expects further revenue growth throughout 2025, driven by strong commodity prices and increased production from various mining operations [3] Financial Performance - Total Revenue, Land Agreement Proceeds, and Interest for Q2 2025 reached $4.4 million, up from $2.2 million in Q2 2024, equating to 1,346 gold equivalent ounces (GEOs) [2][11] - For the first half of 2025, these figures increased by 25% to a record $8.0 million, equating to 2,595 GEOs [2][11] - The breakdown of revenue sources for Q2 2025 included royalties of $1.981 million, streaming of $720,000, and land agreement proceeds of $459,000 [11] Production Guidance - The company maintains its full-year production guidance for 2025 at 5,700 to 7,000 GEOs, with expectations for production to be more heavily weighted in the second half of the year [3] - Recent mining operations at Côté, Vareš, and Borborema are expected to ramp up towards full production rates throughout 2025 [3] Upcoming Events - Gold Royalty plans to release its detailed financial and operating results for Q2 2025 on August 6, 2025, followed by a conference call on August 7, 2025 [5]