Core Viewpoint - Ecora, a critical minerals focused royalty company, highlights the binding agreement between Fortescue Ltd and Alta Copper Corp for Fortescue to acquire the remaining 64% of Alta Copper's common shares not already owned by Fortescue [1] Company Summary - Fortescue proposes to acquire the remaining 64% of Alta Copper's issued and outstanding common shares [1] - Alta Copper is the 100% owner of the Cañariaco Copper Project located in Northern Peru [1] - The Cañariaco Project is situated within an emerging porphyry corridor that hosts several large exploration and development opportunities [1]

Core Viewpoint - Oracle Commodity Holding Corp. has expanded its royalty agreement with CleanTech Vanadium Mining Corp. to include new fluorspar properties in Illinois, enhancing its portfolio in the critical minerals sector [1][2]. Group 1: Royalty Agreement Details - The Third Amending Agreement adds 37 mineral-rights parcels totaling 1,605 acres in Pope and Hardin Counties, Illinois, to the existing Royalty Agreement [2]. - Under the amended Royalty Agreement, Oracle is entitled to a 2% net smelter return royalty on minerals produced and sold from the properties, with a minimum of US$6 per tonne of minerals sold [3]. - Oracle will pay USF 20% of US$68,700 to acquire the royalty on the new Illinois fluorspar properties, contingent upon TSX Venture Exchange approval [5]. Group 2: Financial Considerations - Oracle Commodity Holding will make non-refundable cash payments equal to 20% of the cash consideration that USF has paid to acquire the properties, known as Matching Payments [4]. - Matching Payments are only required once USF has made actual cash payments to the vendors [4]. Group 3: Corporate Relationships - Oracle Commodity Holding is a control person of CleanTech, holding 42,799,502 common shares, establishing them as related parties under Multilateral Instrument 61-101 [6].

Core Viewpoint - Altius Minerals Corporation reported a significant increase in revenue and attributable royalty revenue for Q3 2025 compared to the same quarter in the previous year, driven by higher potash volumes and copper stream deliveries [1] Financial Performance - Q3 2025 revenue reached $17.2 million, up from $13.0 million in Q3 2024 [1] - Attributable royalty revenue for Q3 2025 was $21.4 million, or $0.46 per share, compared to $14.7 million, or $0.32 per share, in Q3 2024 [1] - The increase in revenue is attributed to higher potash volumes and copper stream deliveries at Chapada, along with increased interest and investment income [1]

Core Insights - Ecora Resources has finalized the sale of a wholly owned subsidiary holding a 2% net smelter return (NSR) royalty on the Dugbe Gold Project in Liberia to Elemental Altus Royalties for up to $20 million, with $16.5 million received upon completion and up to $3.5 million in contingent payments [1][2] Transaction Details - The sale agreement includes contingent payments structured around project milestones, with $700,000 due at the start of construction and $2.8 million payable upon the start of commercial production [2] - If the project scope is reduced from the feasibility study, the entire contingent payment of $3.5 million will be payable once production reaches 150,000 ounces of gold [2] - As of December 2024, the carrying value of the Dugbe NSR royalty was $5.9 million, which Ecora acquired in 2012 [2] Operational Updates - Ecora, in partnership with Vale Base Metals, reported successful cobalt processing tests at the Voisey's Bay mine, achieving an average throughput rate of 93.7% over 90 days [3] - The company holds a 70% interest in the cobalt stream from the Voisey's Bay mine, with entitlements to 22.82% of cobalt production until specific delivery thresholds are met [3] - In February, Ecora expanded its copper interests by securing a $50 million agreement with Moxico Resources for the Mimbula copper mine in Zambia [3] Strategic Implications - The transaction supports Ecora's strategy to enhance its copper growth profile and drive earnings across various time frames, covering an estimated reserve-based life of mine of 11 years, with potential for extension [4]