Versamet Royalties Launches C$125 Million Bought Deal and Concurrent Private Placement

An update from Versamet Royalties Corp. ( (TSE:VMET) ) is now available.

Versamet Royalties Corporation has launched a C$125 million bought deal equity financing, selling 9.1 million common shares at C$13.75 each through a syndicate of underwriters led by BMO Capital Markets and National Bank Financial, with an option for an additional 15% to cover over-allotments and an expected closing around February 9, 2026, subject to regulatory approvals. In parallel, Versamet plans a non-brokered concurrent private placement, including participation from existing investors with contractual rights, with combined net proceeds earmarked to repay debt, fund future acquisitions and support general corporate purposes, signaling an effort to strengthen its balance sheet and expand its portfolio of precious metal royalties and streams.

The most recent analyst rating on (TSE:VMET) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on Versamet Royalties Corp. stock, see the TSE:VMET Stock Forecast page.

More about Versamet Royalties Corp.

Versamet Royalties Corporation is an emerging mid-tier precious metals royalty and streaming company focused on acquiring high-quality assets to create long-term per-share value for its shareholders. The company’s common shares trade on the Toronto Stock Exchange under the symbol VMET, and its business model centers on generating exposure to precious metals production through royalties and streaming agreements rather than direct mine operation.

Average Trading Volume: 22,986

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$571.5M

For a thorough assessment of VMET stock, go to TipRanks’ Stock Analysis page.