Rottenstone Gold to acquire Great Bear royalty, plans name change

Rottenstone Gold Inc. (CSE:SK) has announced its intent to acquire a royalty interest on Kinross Gold Corporation’s Great Bear Project in Ontario. The transaction involves a binding purchase agreement for a 0.75% net smelter return royalty covering 570 hectares of mining leases and 1,241 hectares of mining claims. Rottenstone Gold plans to finance the acquisition by issuing 18,064,516 common shares, based on an independent valuation report.

The acquisition requires shareholder approval at a special meeting in the fourth quarter of 2026 and approval from the Canadian Securities Exchange. Upon completion, Rottenstone Gold intends to transition into a mining royalty market participant and change its name to Silver Royalties Corp., the name of its wholly owned subsidiary.

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