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Summit Royalties Announces Closing of 1.0% NSR Royalty Acquisition on Newmont's Saddle North Deposit

Markets GlobeNewswire By GlobeNewswire 01 Jun 2026 11:00 1 min read
Summit Royalties Announces Closing of 1.0% NSR Royalty Acquisition on Newmont's Saddle North Deposit

TORONTO, June 01, 2026 (GLOBE NEWSWIRE) -- Summit Royalties Ltd. (TSXV: SUM, OTCQB: SUMMF) (the "Corporation" or "Summit") is pleased to announce, further to its news release dated March 12, 2026 and entitled "Summit Royalties Announces Agreement to Acquire Royalty on Newmont's Saddle North Deposit", that it has completed the acquisition (the "Acquisition") of an existing 1.0% net smelter return royalty (the "NSR royalty") on the Saddle North Deposit owned by Newmont Corporation for C$5 millio

TORONTO, June 01, 2026 (GLOBE NEWSWIRE) -- Summit Royalties Ltd. (TSXV: SUM, OTCQB: SUMMF) (the "Corporation" or "Summit") is pleased to announce, further to its news release dated March 12, 2026 and entitled "Summit Royalties Announces Agreement to Acquire Royalty on Newmont's Saddle North Deposit", that it has completed the acquisition (the "Acquisition") of an existing 1.0% net smelter return royalty (the "NSR royalty") on the Saddle North Deposit owned by Newmont Corporation for C$5 million in shares at a deemed price of C$1.765 per share.

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