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 ...

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]

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]