Rottenstone Gold Inc. Plans Major Shift to Silver Royalty Acquisition

Rottenstone Gold Inc. has announced a strategic decision to transition its focus from gold to silver by entering into a binding agreement to acquire several royalty interests in projects operated by prominent mining companies. This agreement, dated December 9, 2025, outlines plans for the acquisition of royalties related to gold and silver mining, marking a significant shift in the company’s operations.

The acquisition includes royalties from six operators: Kinross Gold Corporation, SSR Mining Inc., NexGold Mining Corp., Champion Iron Limited, Orano Canada Inc., and Cameco Corp.. Collectively, these companies manage mining projects that will support Rottenstone Gold’s new strategic direction.

Details of the Royalty Acquisition

The royalties to be acquired encompass several significant projects across Canada. Among them, the Great Bear Royalty involves a 0.75% net smelter return (NSR) on approximately 570 hectares of mining leases in Ontario, operated by Kinross. Additionally, the Seabee Royalties from SSR cover around 8,873 hectares with a 2% NSR and a 0.5% NSR on another 2,832 hectares in Saskatchewan.

Other notable royalties include the Goldboro Royalties, which offer a 2.0% gross sales royalty (GSR) on approximately 10,848 hectares in Nova Scotia, and the Bloom Lake East Royalty, a 1% GSR covering approximately 3,800 hectares in Labrador, managed by Champion Iron. The Preston Royalties from Orano cover nearly 49,635 hectares, with NSR royalty interests ranging from 1.4% to 2.0%, while the WAB Royalty on a Western Athabasca Basin project in Saskatchewan includes a 1% GSR on approximately 5,859 hectares, operated by Cameco.

The royalty interests are derived from agreements with third parties, and as such, Rottenstone Gold will not disclose current mineral resources or reserves related to these projects. Interested parties are encouraged to review public disclosures from the operators for further information.

Corporate Strategy and Future Plans

Rottenstone intends to finance the acquisition on an all-stock basis, issuing 93,225,807 common shares as consideration for the royalties. This issuance is based on an independent fair market value assessment conducted by a valuation firm specializing in mining royalty interests. As of now, Rottenstone Gold has 29,236,400 common shares outstanding.

The proposed acquisition has received approval from the independent Directors of Rottenstone, ensuring compliance with regulatory standards. The transaction remains subject to conditions, including satisfactory due diligence and shareholder approval anticipated in the first quarter of 2026.

If successful, this acquisition will not only enhance Rottenstone’s asset base but also position it strategically within the mining royalty market. The company believes that a diverse portfolio of royalties on mining lands operated by major producers will provide a unique advantage in the sector.

Additionally, if the acquisition goes through, Rottenstone plans to change its name to reflect its new focus on silver. The company may adopt the name of its wholly-owned subsidiary, Silver Royalties Corp., establishing itself as a dedicated player in the precious metals royalty market.

The acquisition is classified as a “related party transaction” under Canadian regulations, necessitating a special meeting for disinterested shareholders to vote on the proposal. An independent valuation has been conducted to ensure fairness in the transaction, with further details to be included in an information circular distributed to shareholders.

In preparation for the anticipated changes, Rottenstone Gold is committed to maintaining transparency and compliance with all regulatory requirements, ensuring that stakeholders are fully informed throughout the process.

This strategic move represents a significant opportunity for Rottenstone Gold to redefine its market presence and capitalize on the growing demand for silver and other precious metals in the mining sector.