2025-09-07 Elemental Altus and EMX merging
Analyst Articles

Elemental Altus to Acquire EMX in US$456 Million All-Share Transaction

Elemental Altus Royalties Corp. (TSXV: ELE | OTCQX: ELEMF) has signed a definitive agreement to acquire EMX Royalty Corp. (TSXV: EMX | NYSE American: EMX) in an all-share transaction valued at US$456 million. The Elemental EMX merger is expected to close in Q4/2025, subject to shareholder, court, and regulatory approvals. The combined company will operate as Elemental Royalty Corp., holding 16 producing royalties and more than 200 assets globally. Management expects the Elemental EMX merger to support approximately US$80 million in adjusted revenue by 2026. [more]

Analyst Articles

Royal Gold Expands Portfolio with Acquisitions of Sandstorm Gold and Horizon Copper

Royal Gold (NASDAQ: RGLD) will acquire Sandstorm Gold (TSX: SSL | NYSE: SAND) and Horizon Copper (TSXV: HCU) in transactions valued at approximately US$3.5 billion and $196 million, respectively. The deals are expected to close in late 2025 and will significantly expand Royal Gold’s streaming and royalty portfolio to 393 assets, including 80 producing properties. The company anticipates a 26% increase in gold equivalent output and an 87% revenue mix from precious metals. The acquisitions align with a broader trend of consolidation and diversification in the mining royalty space amid rising demand for gold and copper. [more]

eResearch-2025-07-06-Summit-Eagle RTO
Analyst Articles

Summit Royalty to Go Public through Reverse Takeover of Eagle Royalties

Eagle Royalties (CSE: ER) has agreed to a reverse takeover by privately held Summit Royalty , valuing Eagle shares at C$0.18 and implying a 47 percent premium to the prior closing price. Upon completion, Summit shareholders will own approximately 80 percent of the combined entity. The transaction is expected to close in Q4/2025, subject to approvals, and will result in Eagle being renamed Summit Royalty Corp. The merged company will hold more than 40 royalty and streaming interests, primarily in precious metals, positioning it as a new publicly traded participant in the royalty sector. [more]

Analyst Articles

NEW INDUSTRY REPORT: Mining Royalty and Streaming Companies: A Low-Risk Path to Mining Exposure

We have written a 53-page Industry Report on “Royalty and Streaming Companies: A Low-Risk Path to Mining Exposure”. The report highlights the mining royalty and streaming sector as it has become an increasingly attractive investment avenue for those seeking exposure to the mining industry. Royalty and streaming companies generate revenue by providing upfront capital in exchange for a percentage of future mine production or revenue. This business model allows them to benefit from long-term mine production without incurring the high costs and uncertainties associated with direct mine operations. This report explores the industry landscape, recent developments, and an overview of 18 companies shaping this sector. Sailfish Royalty Corp. (TSXV: FISH) is a featured company in the report. Other companies include Franco-Nevada (TSX: FNV), Royal Gold (NASDAQ: RGLD), Sandstorm Gold (TSX: SSL), and Wheaton Precious Metals (TSX: WPM). [more]