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Summit Royalties Announces Agreement to Acquire Royalty on Newmont's Saddle North Deposit

ReutersMar 12, 2026 10:25 AM

March 12 (Reuters) - Summit Royalties Ltd SUM.V:

SUMMIT ROYALTIES ANNOUNCES AGREEMENT TO ACQUIRE ROYALTY ON NEWMONT'S SADDLE NORTH DEPOSIT
SUMMIT ROYALTIES LTD - TO BUY 1.0% NSR ROYALTY ON SADDLE NORTH FROM NEWMONT FOR C$5 MILLION IN SHARES
SUMMIT ROYALTIES LTD - CONSIDERATION IS 2.8 MILLION SUMMIT SHARES AT $1.765 PER SHARE
SUMMIT ROYALTIES LTD - NEWMONT MAY REPURCHASE 50% OF NSR ROYALTY FOR C$750,000 WITHIN FIVE YEARS OF COMMERCIAL PRODUCTION

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