Summit and Eagle Royalties Announce Progress on Reverse Takeover

Summit Royalty Corp. and Eagle Royalties Ltd. announced significant progress in their reverse takeover (RTO) transaction. Both companies' shareholders have overwhelmingly approved the amalgamation, with the RTO expected to close by November 4, 2025. Following the transaction, the resulting issuer, renamed Summit Royalties Ltd., is set to trade on the TSX Venture Exchange under the symbol "SUM" from the week of November 10, 2025.

At a recent Eagle shareholders meeting, participants approved several key changes, including a share consolidation, name change to Summit Royalties Ltd., and new director elections. Similarly, Summit shareholders approved amalgamation with Eagle's subsidiary. Upon completion, Eagle’s shares will be delisted from the CSE.