Summit Royalties Ltd. and Star Royalties Ltd. are pleased to announce that they have entered into an arrangement agreement pursuant to which, among other things, Summit has agreed to acquire all of the issued and outstanding common shares of Star by way of a court approved Plan of Arrangement under the Canada Business Corporations Act . Assuming completion of the Transaction, holders of common shares of Star are entitled [...]
Summit Royalties Ltd. is pleased to announce that it has entered into an agreement to acquire a 1.0% net smelter return royalty on the Saddle North deposit owned by Newmont Corp. for consideration of C$5 million paid in shares of Summit . The acquisition is subject to conditions precedent which are customary for a transaction of this nature. Subject to satisfaction of conditions precedents, Summit expects to complete the [...]
Summit Royalties Ltd. announces that it has granted an aggregate of 350,000 restricted share units of the Corporation to certain senior officers of the Corporation pursuant to its omnibus incentive plan . Of the 350,000 RSUs, 175,000 RSUs are scheduled to vest on March 9, 2027 and the remaining 175,000 RSUs are scheduled to vest on March 9, 2028. Once vested, each RSU represents the right to receive one common share in [...]
Summit Royalties Ltd. is pleased to announce that its common shares have commenced trading on the OTCQB® Venture Market in the United States under the ticker symbol "SUMMF", effective January 16, 2026. Summit's common shares will continue to trade on the TSX Venture Exchange under the ticker symbol "SUM". The OTCQB listing is intended to increase visibility and accessibility for U.S. investors and provide a seamless [...]
Summit Royalties Ltd. is pleased to provide a corporate update for 2025 and highlight upcoming 2026 catalysts. All amounts in US$ unless otherwise noted. Drew Clark, President and CEO of Summit, commented: "2025 was a seminal year of significant growth and execution for Summit. Over the course of the year, we assembled a diversified precious metals royalty and streaming portfolio anchored by cash-flowing assets, while [...]
Summit Royalties is pleased to announce the closing of the previously announced reverse takeover transaction of Eagle Royalties by Summit Royalty Corp. The Transaction was completed by way of the three-cornered amalgamation of Summit and a newly-incorporated subsidiary of Eagle, now a wholly-owned subsidiary of the Corporation. The shares of the Corporation are expected to commence trading on the TSXV on or about Nov 10 [...]
Eagle Royalties are pleased to provide certain updates relating to their previously announced three-cornered amalgamation that will result in a reverse takeover of Eagle by Summit, further to their joint news release dated July 2, 2025 and Eagle's news release dated Sept 30, 2025. In this news release, references to the "Resulting Issuer" are to Eagle after the closing of the RTO, to be renamed Summit Royalties Ltd [...]
Summit Royalty is pleased to announce that it has completed the acquisition of an existing 1.0% NSR royalty on the producing Madsen Project from a Fund managed by Sprott Resource Lending for US$9.9 million. As part of the acquisition, Summit raised over US$9.3 million at US$0.65 a share in an oversubscribed private financing. Proceeds from the financing will be used to pay for the NSR royalty on Madsen, to fund future [...]
Summit Royalty is pleased to announce that it has entered into a definitive agreement to acquire an existing 1.0% net smelter return royalty on the producing Madsen Project from a Fund managed by Sprott Resource Lending for total consideration of $9.9 million. Madsen is located in the prolific Red Lake mining district of Ontario and is 100% owned and operated by West Red Lake Gold Mines. Unless otherwise indicated, all [...]
Summit Royalty and Eagle Royalties are pleased to announce that they have entered into a definitive amalgamation agreement in respect of a reverse takeover transaction, pursuant to which Summit will "go-public" by way of a reverse takeover of Eagle. In this news release, references to the "Resulting Issuer" are to Eagle after the closing of the RTO. Transaction Particulars and the Definitive Agreement On June 30, 2025 [...]
Summit Royalty is pleased to announce the successful acquisition of a portfolio of cash flowing royalties and stream from IAMGold Corp and its affiliates for total consideration of $17.5 million. Unless otherwise indicated, all $ amounts are expressed in US dollars. Key Portfolio Assets The key assets in the Portfolio include: Bomboré Silver Stream - a 50% silver stream on the operating Bomboré Mine owned and operated by [...]
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