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

ByYahoo Finance
2 days ago
Source:Yahoo Finance
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TORONTO, March 12, 2026 (GLOBE NEWSWIRE) -- Summit Royalties Ltd. (TSXV: SUM, OTCQB: SUMMF) (the "Corporation" or "Summit") is pleased to announce that it has entered into an agreement to acquire a 1.0% net smelter return ("NSR") royalty on the Saddle North deposit ("Saddle North") owned by Newmont Corporation ("Newmont") for consideration of C$5 million paid in shares of Summit ("Common Shares"). The acquisition is subject to conditions precedent which are customary for a transaction of this na

TORONTO, March 12, 2026 (GLOBE NEWSWIRE) -- Summit Royalties Ltd. (TSXV: SUM, OTCQB: SUMMF) (the "Corporation" or "Summit") is pleased to announce that it has entered into an agreement to acquire a 1.0% net smelter return ("NSR") royalty on the Saddle North deposit ("Saddle North") owned by Newmont Corporation ("Newmont") for consideration of C$5 million paid in shares of Summit ("Common Shares"). The acquisition is subject to conditions precedent which are customary for a transaction of this na

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