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Eagle Royalties Ltd. ( (TSE:ER) ) just unveiled an announcement.
Summit Royalty Corp. and Eagle Royalties Ltd. have announced the approval of their reverse takeover transaction by shareholders, which is expected to close on November 4, 2025. The resulting entity, Summit Royalties Ltd., will commence trading on the TSX Venture Exchange under the symbol ‘SUM’ by mid-November. This strategic move is set to enhance the company’s market presence and operational capacity, as it transitions from the CSE to the TSXV, reflecting a significant step in its growth trajectory.
More about Eagle Royalties Ltd.
Summit Royalty Corp. is a private precious metals streaming and royalty company with a focus on aggressive growth through acquisitions. It aims to become a mid-tier streaming and royalty company by leveraging its cash flow production and expansion potential. Eagle Royalties Ltd. holds a diverse portfolio of over 35 royalty interests in western Canada, targeting critical metals, precious metals, and industrial minerals, with a flagship royalty associated with the AurMac Project in Yukon.
Technical Sentiment Signal: Hold
For a thorough assessment of ER stock, go to TipRanks’ Stock Analysis page.