Brief: Summit Royalties To Combine With Star Royalties To Create A Scaled, High-Growth Royalty Platform
16/03/2026 10:37
March 16 (Reuters) - Star Royalties Ltd STRR.V: SUMMIT ROYALTIES TO COMBINE WITH STAR ROYALTIES TO CREATE A SCALED, HIGH-GROWTH ROYALTY PLATFORM SUMMIT ROYALTIES LTD - STAR SHAREHOLDERS TO RECEIVE 0.360 SUMMIT SHARES FOR EACH STAR SHARE SUMMIT ROYALTIES LTD - DEAL EQUITY VALUE ABOUT C$51 MILLION SUMMIT ROYALTIES LTD - CONSIDERATION IMPLIES VALUE OF C$0.60 PER STAR SHARE, 25% PREMIUM TO CLOSING PRICE SUMMIT ROYALTIES LTD - SUMMIT ROYALTIES SHAREHOLDERS TO OWN 72%, STAR SHAREHOLDERS 28% OF PRO FORMA COMPANY Source text: ID:nGNX1zSD8T Further company coverage: STRR.V ((((Reuters.Briefs@thomsonreuters.com;));))
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