OR Royalties Inc.

OR Royalties Inc. reported a rock mass movement at the Canadian Malartic Barnat open pit, operated by Agnico Eagle Mines Limited, on July 1, 2026. This incident led to a temporary suspension of mining operations in the pit and is expected to reduce gold production by 60,000 to 80,000 ounces in the second half of 2026, and up to 150,000 ounces annually in 2027 and 2028. Despite the disruption, the development and production outlook for the Odyssey (underground) mine are not affected, and OR Royalties' 2026 guidance and 5-year outlook remain unchanged.

OR Royalties Inc. announced that its operating partner, Agnico Eagle Mines Limited, reported a rock mass movement at the Barnat open pit of the Canadian Malartic Complex. While there were no injuries or environmental damage, mining operations have been temporarily suspended. Agnico Eagle expects this to reduce gold production by 60,000-80,000 ounces in the second half of 2026 and up to 150,000 ounces annually in 2027 and 2028. Despite this, OR Royalties' 2026 guidance and 5-year outlook remain unchanged, as the long-term production target for the complex is not affected.

OR Royalties Inc. announced the voting results from its Annual Meeting of Shareholders held on May 7, 2026. Shareholders elected all seven director nominees, re-appointed PricewaterhouseCoopers, LLP as the independent auditor, and approved the continuation of the Corporation's Second Amended and Restated Shareholder Rights Plan. An advisory resolution on executive compensation was also accepted with strong shareholder support.

OR Royalties Inc. announced the results of its annual meeting of shareholders held on May 7, 2026. All seven director nominees listed in the management information circular were elected to the board. Shareholders also approved the appointment and remuneration of PricewaterhouseCoopers, LLP as the independent auditor, and the continuation of the Corporation's Second Amended and Restated Shareholder Rights Plan. Additionally, an advisory resolution accepting the company's approach to executive compensation was passed.

OR Royalties Inc. reported record financial results for the first quarter of 2026, with revenues soaring to $102.8 million and net earnings reaching $73.6 million. The company also announced several significant strategic acquisitions, including an additional royalty on the Namdini Gold mine, the acquisition of Terraco Gold Corp. for $168.0 million, and a portfolio of eight royalties from Gold Fields Limited for $115.0 million. Additionally, OR Royalties exercised a buy-down right on its Cascabel gold stream, generating a $7.2 million gain, and continued its share buyback program.

OR Royalties Inc. announced its Board of Directors approved a second quarter 2026 dividend of US$0.065 per common share, marking an 18.2% increase from the prior quarter. The dividend will be paid on July 15, 2026, to shareholders of record as of June 30, 2026. The company also reminded shareholders about its Dividend Reinvestment Plan, which offers a 3% discount for the second quarter dividend.

OR Royalties Inc. announced the strategic sale of its entire non-core equity position in Osisko Metals Incorporated, generating approximately $34.8 million in net proceeds. The company also provided positive updates across its portfolio, including significant advancements at the Island Gold District with an expanded mine plan and increased throughput targets. Other key developments include first ore delivery at Dalgaranga, an extensive drill program at Glenburgh, increased drilling at Bralorne, and a potential acquisition for the Eagle Gold Mine.

OR Royalties Inc. has entered a binding agreement for a $28.0 million precious metals stream on Canadian Copper Inc.'s New Brunswick assets, including the Murray Brook and Caribou properties. The stream involves 20% of payable silver and gold for the life of mine, with an initial $5.0 million payment upon closing and $23.0 million funded quarterly. This transaction is expected to add to OR Royalties' 5-year gold equivalent ounces growth profile and maintains its focus on precious metals, with first production anticipated by 2029.

OR Royalties Inc. has released its sixth annual 2025 Sustainability Report, "Growing Responsibly," detailing its Environmental, Social, and Governance (ESG) initiatives and performance metrics for the past calendar year. The report underscores the company's commitment to integrating ESG considerations into its capital allocation and investment decision-making processes. Key achievements include significant community contributions and maintaining strong positions with leading ESG rating agencies, reflecting a positive trajectory in its sustainability efforts. This comprehensive report aims to provide transparency to stakeholders on how OR Royalties' approach to responsible growth materialized in 2025.