Mr. Joseph de la Plante reports

EVOLVE ROYALTIES DEBUTS ON THE CSE WITH A CANADIAN COPPER-FOCUSED ROYALTY PORTFOLIO AND SIGNIFICANT CAPITAL TO PURSUE GROWTH

Evolve Royalties Ltd.'s common shares have commenced trading on the Canadian Securities Exchange (the CSE) under the symbol EVR.

"Today marks an important milestone for Evolve as we begin trading on the CSE," said Joseph de la Plante, president and chief executive officer of Evolve. "Over the past year, we have assembled a copper-focused royalty portfolio anchored by Highland Valley Copper and Copper Mountain -- two of Canada's largest copper operations -- and most recently McIlvenna Bay, which is expected to become Canada's next major copper producer. With immediate cash flow, a clear line of sight to meaningful growth, and the enhanced profile and access to capital that comes with a public listing, Evolve is well positioned to accelerate its acquisition strategy and deliver long-term value for shareholders."

About Evolve Royalties Ltd.

Evolve is a royalty company that strives to be one of the first to apply the royalty and streaming model to the next generation of strategic mines, moving early to secure premium assets and build value in the low-carbon and digital economy. Evolve's portfolio consists of a valuable package of royalties, including a net profit interest on Teck Resources Ltd.'s Highland Valley copper operation in British Columbia, net smelter returns (NSR) royalties on copper and on all other metals produced on a portion of the claims of Hudbay Minerals Inc.'s Copper Mountain mine in British Columbia, an NSR royalty on the Sal de Los Angeles lithium brine project in Argentina, a net tonnage royalty on a portion of Foran Mining Corp.'s McIlvenna Bay project, including the McIlvenna Bay deposit and the Tesla zone, an NSR royalty on Foran Mining Corp.'s Bigstone deposit, and an NSR royalty on a portion of Visionary Copper and Gold Mines Inc.'s Pine Bay project, including the Rainbow deposit, as well as various exploration stage royalties and production payment rights.

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