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;))
Recent news on Summit Royalties
See all newsCanada Research Roundup: Aritzia, Canadian Natural Resources, Imperial Oil
Brief: Summit Royalties Secures Up To Us$50 Million Revolving Credit Facility Provides Other Corporate Updates
Brief: Summit Royalties Announces Closing Of 1.0% Nsr Royalty Acquisition On Newmont's Saddle North Deposit
Brief: Summit Royalties Commences Trading On OTCQX
Brief: Summit Royalties To Combine With Star Royalties To Create A Scaled, High-Growth Royalty Platform