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Versamet Royalties Corp (2)
Symbol VMET
Shares Issued 105,535,324
Close 2026-03-04 C$ 13.00
Market Cap C$ 1,371,959,212
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Versamet Royalties ups credit facility to $225M (U.S.)

2026-03-04 17:42 ET - News Release

Ms. Victoria McMillan reports

VERSAMET ROYALTIES UPSIZES REVOLVING CREDIT FACILITY TO $225-MILLION

Versamet Royalties Corp. has entered into an agreement with its current lenders, Bank of Montreal and National Bank Capital Markets, to retire its term loan and amend and upsize its existing revolving credit facility to up to $225-million.

All amounts are in U.S. dollars.

The amended and upsized facility now consists of a $200-million secured revolving credit line with an accordion feature allowing for an additional $25-million, subject to certain conditions, for total borrowing capacity of $225-million. Pricing remains unchanged from the current facility and is based on a sliding scale, with margins ranging from 2.25 per cent to 3.50 per cent over adjusted secured overnight financing rate (SOFR), depending on the company's leverage ratio. The facility matures in March, 2029. The amended facility replaces the company's previous $100-million revolving credit facility and $80-million term loan, which has been fully repaid. As of March 4, 2026, there is $45-million drawn on the facility.

Victoria McMillan, chief financial officer of the company, commented: "The increase to our facility demonstrates the continued support of our lending partners, who have played an important role in our growth to date. The extension and upsizing of the facility further enhances our financial flexibility and reflect our lenders' confidence in the strength and quality of our portfolio. Combined with our strong balance sheet and robust cash flow generation, the facility positions us well to pursue accretive growth opportunities and deliver long-term value for shareholders."

About Versamet Royalties Corp.

Versamet is an emerging mid-tier precious metals royalty and streaming company focused on creating long-term per-share value for its shareholders through the acquisition of high-quality assets.

We seek Safe Harbor.

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