Royalty and Streaming Model
Search documents
Evolve Royalties Ltd. Announces Completion of its Business Combination and Listing on the CSE
Globenewswire· 2025-12-15 17:24
Evolve to commence trading on the CSE on December 17, 2025 under the ticker symbol “EVR” Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. TORONTO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Evolve Royalties Ltd. (CSE: EVR) (“Evolve” or the “Company”) (formerly Voyageur Minerals Explorers Corp.) is pleased to announce that it has completed its previously-announced business comb ...
Voyageur and Evolve Royalties Receive Conditional Approval for Proposed Reverse Take-Over and Listing on the CSE and Announce Board of Directors
Globenewswire· 2025-12-10 12:30
Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. TORONTO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Voyageur Mineral Explorers Corp. (“Voyageur”) (CSE: VOY) and Evolve Strategic Element Royalties Ltd. (“Evolve”) are pleased to announce that they have received conditional approval from the Canadian Securities Exchange (“CSE”) pursuant to CSE Policy 8 – Fundamental Changes and ...
Empress Reports Record Revenue for 2025 Third Quarter Financial Results
Accessnewswire· 2025-12-01 12:30
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / December 1, 2025 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress Royalty" or the "Company") announces its financial and operating results for the nine months ended September 30, 2025, highlighting record revenue from its existing portfolio and continued strong year-over-year growth. Contact Us Back to the Newsroom Empress Reports Record Revenue for 2025 Third Quarter Financial Results Monday, 01 December 2025 07:30 AM Topic:Â Company Update Per: Ale ...
Versamet Royalties Welcomes Tether Investments and the Lundin Family as New Cornerstone Shareholders
Newsfile· 2025-11-17 14:18
Versamet Royalties Welcomes Tether Investments and the Lundin Family as New Cornerstone ShareholdersNovember 17, 2025 9:18 AM EST | Source: Versamet Royalties CorporationVancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Versamet Royalties Corporation (TSXV: VMET) ("Versamet" or the "Company") is pleased to welcome Tether Investments S.A. de C.V. ("Tether") and the Lundin Family Trusts ("Lundins") as new cornerstone shareholders of the Company.Tether acquired 11,827,273 common ...
Voyageur Mineral Explorers Corp. and Evolve Strategic Element Royalties Ltd. Announce Upsize of Previously Announced Financing to $37.5 Million
Globenewswire· 2025-09-16 16:15
Core Viewpoint - Evolve Strategic Element Royalties Inc. has increased its private placement offering to approximately $37.5 million due to strong investor demand, up from the initial $20 million [1][2]. Group 1: Evolve Offering Details - The Evolve Offering is being managed by a syndicate of agents led by Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc. [2] - The net proceeds from the Offering will be used for new growth investments, working capital, and general corporate purposes related to the business combination of Voyageur and Evolve [3]. - The completion of the Offering is subject to various closing conditions, including shareholder approval and conditional approval from the Canadian Securities Exchange [3][10]. Group 2: Corporate Agreements and Amendments - Voyageur has agreed to increase the break fee by $262,500 if its board changes its recommendation regarding the business combination [4]. - Northfield Capital Corp., Voyageur's largest shareholder, has amended its voting support agreement to restrict termination in the context of a superior proposal unless certain value thresholds are met [4]. Group 3: Company Profiles - Evolve is a private strategic metals royalty company focused on securing premium assets in the low-carbon and digital economy [5]. - Voyageur is a Canadian junior mineral exploration company with a focus on mineral properties in Northwest Manitoba and Northeast Saskatchewan, owning royalties in the Flin Flon greenstone belt [5].
Triple Flag Precious Metals (TFPM) - 2025 Q2 - Earnings Call Transcript
2025-08-07 14:02
Financial Data and Key Metrics Changes - Triple Flag achieved record sales of nearly 29,000 GEOs in Q2 2025, resulting in record adjusted EBITDA of CAD 76 million and operating cash flow of CAD 0.38 per share [3][4] - Operating cash flow per share increased by over 50% year over year, marking a new quarterly record [9] - The company exited the quarter with zero debt and expects to maintain a net cash position by the end of Q3 2025 [10][11] Business Line Data and Key Metrics Changes - North Park and Cerro Lindo remain the two largest contributors to revenue, with North Park achieving a record quarter due to higher open pit grades from stockpiled ore [11][12] - Revenues were derived 100% from precious metals, with approximately two-thirds from gold, indicating a strong focus on gold and silver exposure [12] Market Data and Key Metrics Changes - The company reported strong performance amid record precious metals prices, benefiting from high margins that consistently exceed 90% [4][9] - Approximately 90% of revenue was derived from assets located in Australia and The Americas, highlighting the company's focus on mining-friendly jurisdictions [12] Company Strategy and Development Direction - The company is focused on accretive acquisitions, with recent transactions including the Tre Corvadis Lithia mine in Argentina and additional royalties on the Johnson Camp copper mine in Arizona [4][5] - The acquisition of a 1% NSR royalty on the Arthur Gold project in Nevada is expected to provide long-term growth potential [5] - The investment thesis remains centered on top-tier assets, a focus on precious metals, and a predominantly North American and Australian portfolio [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the 2025 guidance of 105,000 to 115,000 ounces, supported by strong operating cash flows and a robust transaction pipeline [4][16] - The company anticipates several catalysts, including the commencement of production at multiple mines and ongoing exploration successes [16][18] Other Important Information - The company announced a 5% increase in its annual dividend to CAD 0.02, marking the fourth consecutive annual increase since its IPO [10] - The company maintains a strong balance sheet with total liquidity available of nearly CAD 1 billion, allowing for continued investment in growth opportunities [11] Q&A Session Summary Question: What should be expected as steady state production from the Johnson Camp royalty? - Management indicated that the Johnson Camp royalty is a small purchase and did not provide specific asset guidance [20][21] Question: Can you walk through potential offsets for declining production in 2026? - Management noted that while North Park's high-grade stockpiles will deplete, production from the Arcata mine and Johnson Camp mine is expected to come online, providing potential offsets [33][35] Question: What is the current deal pipeline looking like? - Management stated that the pipeline is full, with a mix of larger and smaller opportunities, predominantly in the $100 million to $300 million range, focusing on precious metals [39][40] Question: Is the focus still on safe jurisdictions like The Americas and Australia? - Management confirmed that the focus remains on The Americas and Australia, with limited interest in opportunities in Africa [47][48]
Triple Flag Precious Metals (TFPM) - 2025 Q2 - Earnings Call Transcript
2025-08-07 14:00
Financial Data and Key Metrics Changes - Triple Flag achieved record adjusted EBITDA of CAD76 million in Q2 2025, with operating cash flow of CAD0.38 per share, reflecting strong margins exceeding 90% [3][4] - Operating cash flow per share increased by over 50% year over year, marking a new quarterly record [8] - The company exited the quarter with zero debt and expects to maintain a net cash position by the end of Q3 2025 [10][11] Business Line Data and Key Metrics Changes - The portfolio produced nearly 29,000 GEOs in Q2, contributing to a record first half of over 57,000 GEOs, aligning with the 2025 sales guidance of 105,000 to 115,000 ounces [8][11] - North Park and Cerro Lindo remain the largest revenue contributors, with North Park achieving a record quarter due to higher open pit grades [11][12] Market Data and Key Metrics Changes - Revenues were derived 100% from precious metals, with approximately two-thirds from gold, positioning the company favorably within the sector [12] - The company noted a strong rise in silver prices benefiting Cerro Lindo towards the end of the quarter [11] Company Strategy and Development Direction - The company is focused on accretive acquisitions, including the recently completed acquisition of a 1% NSR royalty on the Arthur Gold project in Nevada, which is expected to provide long-term growth potential [5][6] - The capital allocation strategy emphasizes returns to shareholders, highlighted by a 5% increase in the annual dividend to CAD0.02 [9][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 guidance despite potential production declines from certain assets, citing a robust portfolio and upcoming production from new mines [16][36] - The company remains optimistic about the exploration potential at the Fletcher Zone, which nearly doubled the resource base at Beta Hunt [15][16] Other Important Information - The company maintains a strong balance sheet with total liquidity of nearly CAD1 billion, allowing for continued investment in growth opportunities [11] - The transaction pipeline is robust, with a focus on opportunities in safe jurisdictions, primarily in the Americas and Australia [40][49] Q&A Session Summary Question: What should we expect as steady state production from the Johnson Camp royalty? - Management indicated that while the Johnson Camp royalty is a small purchase, it provides incremental copper exposure, but no specific asset guidance will be provided [21][22] Question: What is the process for enforcing security on the stream with STEP Gold? - Management noted that the current arrears from STEP Gold are approximately USD8 million, and they have a good relationship with the management team, emphasizing confidence in their position [24][28] Question: How will production decline in 2026 be offset? - Management acknowledged potential declines but highlighted upcoming production from the Arcata mine and Johnson Camp mine as offsets, while refraining from specific asset guidance [34][36] Question: What is the current deal pipeline looking like? - Management described a full pipeline with a mix of larger and smaller opportunities, primarily in the CAD100 million to CAD300 million range, focusing on precious metals [38][40] Question: Is the focus still on safe jurisdictions? - Management confirmed that the focus remains on the Americas and Australia, with limited interest in opportunities in Africa [49]