Tuesday, 02 January 2024 12:17 GMT

Versamet Royalties Welcomes Tether Investments And The Lundin Family As New Cornerstone Shareholders


(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Versamet Royalties Corporation (TSXV: VMET) ("Versamet" or the "Company") is pleased to welcome Tether Investments S.A. de C.V. ("Tether") and the Lundin Family Trusts ("Lundins") as new cornerstone shareholders of the Company.

Tether acquired 11,827,273 common shares, and the Lundins acquired 11,827,272 common shares, each representing approximately 12.7% of the Company's issued and outstanding common shares. Tether and the Lundins acted independently in their respective acquisitions.

The above share positions were acquired through the purchase of Royal Gold, Inc.'s ("Royal Gold") entire holding of 23,654,545 common shares (the "Royal Gold Shares"). Of these shares, 21,289,091 were transferred within, and remain subject to, an escrow agreement previously disclosed in the Company's May 12, 2025, long-form prospectus. Royal Gold had originally acquired the Royal Gold Shares through its acquisition of Sandstorm Gold in October 2025.

To support and facilitate their investment, the Company entered into separate, standalone Investor Rights Agreements with each of Tether and the Lundins, each providing the holder with the right to nominate one director to the Company, subject to maintaining the applicable ownership threshold.

Dan O'Flaherty, CEO of Versamet, commented, "We are excited to be partnering with Tether and the Lundin family as cornerstone shareholders. Their combination of deep financial strength, proven strategic capabilities, and commitment to the royalty and streaming model makes them powerful partners for Versamet's next phase of growth. Their investment comes at an exciting inflection point for the Company as we advance our U.S. and TSX mainboard listings with an asset portfolio expected to generate more than 20,000 GEOs in 2026."

About Versamet Royalties Corporation

Versamet is an emerging mid-tier precious metals royalty & streaming company focused on creating long-term per share value for its shareholders through the acquisition of high-quality assets. Versamet common shares trade on the TSX Venture Exchange under the symbol "VMET".

For more information about Versamet, including additional details on our royalties and streams, please visit our website at versamet.

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