Brief: Summit Royalties Announces Agreement to Acquire Royalty on Newmont's Saddle North Deposit
12/03/2026 10:25
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 Source text: ID:nGNXbkXnkl Further company coverage: SUM.V ((Reuters.Briefs@thomsonreuters.com;))
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