Versamet Royalties reports record gold equivalent ounces Q2 2026

All amounts are in U.S. dollars unless otherwise indicated.

Vancouver, British Columbia--(Newsfile Corp. - August 13, 2026) - Versamet Royalties Corporation (NASDAQ: VMET) (TSX: VMET) ("Versamet" or the "Company") announces operating and financial results for the quarter ended June 30, 2026.

Q2 2026 Financial Highlights

Revenue of $23.7 million, an increase of 392% over Q2 2025.

Record attributable gold equivalent ounces 1 ("GEOs") of 5,255, an increase of 256% over Q2 2025.

Operating cash flow before working capital changes 2 of $19.5 million, an increase of 506% over Q2 2025.

Net income of $4.9 million, an increase of 2,781% over Q2 2025.

Record adjusted EBITDA 3 of $18.8 million, an increase of 747% over Q2 2025.

Q2 2026 Corporate Highlights

Acquired a cornerstone Canadian gold stream on the Eskay Creek gold-silver project located in British Columbia.

Dan O'Flaherty, CEO of Versamet, commented: "Versamet delivered another quarterly GEO record in the second quarter, bringing year-to-date GEOs to more than 10,000 and keeping us well on track to achieve our 2026 production guidance of 20,000 to 23,000 GEOs. Our portfolio generated over $47 million in revenue in the first half of the year, which positions us well to pursue accretive acquisitions while maintaining our disciplined approach to deploying capital.

"During the quarter, we completed the transformative acquisition of the Eskay Creek gold stream, materially enhancing our near-term growth profile. Alongside several organic growth catalysts, including the completion of the Rosh Pinah expansion and first gold production at Toega and Cuiú Cuiú, we expect our annual attributable production run rate to increase to approximately 35,000 GEOs once Eskay Creek begins production next year.

"Versamet was also added to the MSCI Canada Small Cap Index during the quarter, marking the Company's first inclusion in a major index and an import