Summit Royalties Announces Grant of Restricted Share Units
Summit Royalties Announces Grant of Restricted Share Units
TORONTO, March 10, 2026 -- Summit Royalties Ltd. (TSXV: SUM, OTCQB: SUMMF) (the "Corporation" or "Summit")
announces that it has granted an aggregate of 350,000 restricted share units of the Corporation ("RSUs") to certain senior
officers of the Corporation pursuant to its omnibus incentive plan (the "Plan").
Of the 350,000 RSUs, 175,000 RSUs are scheduled to vest on March 9, 2027 and the remaining 175,000 RSUs are scheduled
to vest on March 9, 2028. Once vested, each RSU represents the right to receive one common share in the capital of the
Corporation per RSU held, a cash amount equivalent, or a combination thereof, in each case subject to the terms and
conditions of the Plan and the applicable RSU agreement.
About Summit Royalties Ltd.
Summit Royalties Ltd. is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing
production with additional royalties on advanced development- and exploration-stage properties. Summit's mandate is to build
its portfolio on a disciplined, per-share accretive basis through royalty and streaming acquisitions that deliver high-quality
precious metals exposure and long-term cash flow growth. The Corporation has no debt and has sufficient cash on hand for
future acquisitions. The Corporation's registered office is located at One First Canadian Place, Suite 3400, Toronto, ON, M5X
1A4.
ON BEHALF OF THE BOARD OF DIRECTORS OF SUMMIT ROYALTIES LTD.
Drew Clark
President and Chief Executive Officer
Summit Royalties Ltd.
For more information, contact:
Connor Pugliese, Vice President, Corporate Development
+1 (289) 380-1960
Forward-looking Statements
Certain statements contained in this news release may be deemed "forward ‐looking statements" within the meaning of
applicable Canadian securities laws. These forward ‐looking statements, by their nature, require the Corporation to make
certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in these forward ‐looking statements. Forward ‐looking statements are not
guarantees of performance. Words such as "may", "will", "would", "could", "expect", "believe", "plan", "anticipate", "intend",
"estimate", "continue", or the negative or comparable terminology, as well as terms usually used in the future and the
conditional, are intended to identify forward‐looking statements. Information contained in forward ‐looking statements, including
with respect to, the Corporation's objectives, anticipated growth and ability to execute acquisitions that increase production
and drive cash flow growth' and the Corporation having sufficient cash on hand for future acquisitions, are based upon certain
material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management's
perceptions of historical trends, current conditions and expected future developments, current information available to the
management of the Corporation, as well as other considerations that are believed to be appropriate in the circumstances. The
Corporation considers its assumptions to be reasonable based on information currently available, but cautions the reader that
its assumptions regarding future events, many of which are beyond the control of the Corporation, may ultimately prove to be
incorrect since they are subject to risks and uncertainties that affect the Corporation and its businesses.
For additional information with respect to these and other factors and assumptions underlying the forward ‐looking statements
made in this news release concerning the Corporation, see the section entitled "Risks and Uncertainties" in the most recent
management discussion and analysis of Summit which is filed with the Canadian securities commissions and available
electronically under the Corporation's issuer profile on SEDAR+ (www.sedarplus.ca). The forward‐ looking statements set forth
herein concerning the Corporation reflect management's expectations as at the date of this news release and are subject to
change after such date. The Corporation disclaims any intention or obligation to update or revise any forward ‐looking
statements, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock
exchange, securities commission or other regulatory authority has approved or disapproved the information
contained herein.