Summit Royalties to acquire 1% NSR royalty on Newmont’s Saddle North deposit for CAD 5 million

Reuters03-12 18:15
<a href="https://laohu8.com/S/SMMT">Summit</a> Royalties to acquire 1% NSR royalty on Newmont’s Saddle North deposit for CAD 5 million

Summit Royalties said it agreed to acquire a 1% net smelter return royalty on Newmont’s Saddle North deposit. The consideration is CAD 5 million, to be paid in Summit common shares. Newmont has an option to repurchase 50% of the royalty for CAD 0.75 million within five years after Saddle North enters commercial production. The Saddle North technical report cited by Summit lists indicated resources of 3.47 Moz gold and 1.81 Blbs copper.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Summit Royalties Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603120615PRIMZONEFULLFEED9670572) on March 12, 2026, and is solely responsible for the information contained therein.

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