Vancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - Versamet Royalties Corporation (TSXV: VMET) ("Versamet" or the "Company") announces its intention to seek a listing of its common shares on the NYSE American ("NYSE American"). In addition, the Company has applied to graduate to the facilities of the Toronto Stock Exchange ("TSX").
Dan O'Flaherty, CEO of Versamet, commented, "Our strategic decision to pursue a dual listing on the NYSE American and to apply to graduate to the TSX better aligns our capital markets platform with the scale and quality of our royalty and streaming portfolio. The U.S. is the world's deepest market for trading liquidity, capital flows, and investor participation and the TSX mainboard is the Canadian benchmark for metals and mining issuers. As we continue to build our durable, cash-generative portfolio, these listings are expected to deliver increased market awareness, improved trading liquidity and broaden our investor participation as we continue our disciplined growth going forward."
U.S. Listing and Share Consolidation
The Company is engaged in the listing process with NYSE American and believes a U.S. listing could lead to increased interest by a wider audience of potential investors, increased marketability and trading liquidity, and provide the opportunity for broader index inclusion.
In connection with the potential NYSE American listing, Versamet intends to consolidate its common shares on a one-for-five basis (the "Consolidation") to align its per-share trading price with NYSE American's minimum listing requirements.
As at the date of this news release, the Company has 466,836,693 common shares issued and outstanding. Following the completion of the Consolidation, the Company is expected to have approximately 93,367,339 common shares issued and outstanding, subject to rounding. The exercise or conversion price of outstanding stock options and restricted share units will be proportionately adjusted based on the Consolidation ratio. The proposed Consolidation is also subject to approval by the TSX Venture Exchange.
Intention to Graduate to the TSX
Concurrent with the intention to apply to list its common shares on the NYSE American, the Company has applied to graduate its listing to the to the TSX. The TSX is Canada's senior exchange and a global centre for metals and mining finance. Similar to a listing on the NYSE American, the Company expects graduating to the TSX could deliver increased trading liquidity, increased visibility and credibility and opportunities for broader index inclusion.
No assurances can be given that the Company will be successful in achieving a listing of its securities on the NYSE American or the TSX and listing will be subject to fulfilling all the requirements of each stock exchange.
About Versamet Royalties Corporation
Versamet is an emerging precious metals royalty & streaming investment 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: info@versamet.com
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.
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 phrases 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 relating to: the Company successfully listing on the NYSE American and any benefits of such a U.S. stock exchange listing; the proposed share consolidation, including the number of outstanding shares after the consolidation; and graduating to the TSX. 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 and short form base shelf prospectus dated August 1, 2025, both 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.
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SOURCE: Versamet Royalties Corporation
