Versamet Royalties Welcomes Tether Investments and the Lundin Family as New Cornerstone Shareholders
NEWS RELEASE
November 17, 2025
TSXV: VMET 1 versamet.com
Versamet Royalties Welcomes Tether Investments
and the Lundin Family as New Cornerstone Shareholders
Vancouver, BC: Versamet Royalties Corporation (“Versamet” or the “Company”) (TSXV: VMET) 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.com.
General inquiries:
Craig Rollins, General Counsel
Email: [email protected]
Telephone: 778-945-3948
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
TSXV: VMET 2 versamet.com
Cautionary Note Regarding Forward -Looking Information
This news release contains “forward -looking information” and “forward -looking statements” within the meaning of
applicable securities legislation. The forward-looking statements herein are made as of the date of this press release
only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates
or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-
looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets",
"scheduled", "estimates", "forecasts", “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or
variations (including negative variations) of such words and phra ses or may be identified by statements to the effect
that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward -looking
information in this press release includes, but is not limited to, statements rel ating to: the Company’s next phase of
growth; advancement of the Company’s U.S. and TSX mainboard listings; asset portfolio expectation to generate more
than 20,000 GEOs in 2026; and other statements regarding future plans, expectations, exploration potential, guidance,
projections, objectives, estimates and forecasts (in general and in connection with respective asset updates), as well
as our expectations with respect to such matters. Forward -looking statements and information are subject to various
known and unknown risks and uncertainties, many of which are beyond the ability of Versamet to control or predict,
that may cause Versamet’s actual results, performance or achievements to be materially different from those expressed
or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out
herein, including, but not limited to, the risk factors set out under the heading “Risk Factors” in the Company’s final
non-offering long form prospectus dated May 12, 2025, available for review on the Company’s profile at
www.sedarplus.ca. Such forward-looking information represents management's best judgment based on information
currently available. Except as required by applicable securities laws, the Company undertakes no obligation to update
these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should
change. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly ,
readers are advised not to place undue reliance on forward-looking statements or information.