Mr. Dan O'Flaherty reports

VERSAMET ROYALTIES WELCOMES TETHER INVESTMENTS AND THE LUNDIN FAMILY AS NEW CORNERSTONE SHAREHOLDERS

Versamet Royalties Corp. has welcomed Tether Investments SA de CV and the Lundin Family Trusts as new cornerstone shareholders of the company.

Tether acquired 11,827,273 common shares, and the Lundins acquired 11,827,272 common shares, each representing approximately 12.7 per cent of the company's issued and outstanding common shares. Tether and the Lundins acted independently in their respective acquisitions.

The above share positions were acquired through the purchase of Royal Gold Inc.'s entire holding of 23,654,545 common shares. Of these shares, 21,289,091 were transferred within and remain subject to an escrow agreement previously disclosed in the company's May 12, 2025, long-form prospectus. Royal Gold had originally acquired the Royal Gold shares through its acquisition of Sandstorm Gold in October, 2025.

To support and facilitate their investments, the company entered into separate, stand-alone investor rights agreements with each of Tether and the Lundins, each providing the holder with the right to nominate one director to the company, subject to maintaining the applicable ownership threshold.

Dan O'Flaherty, chief executive officer of Versamet, commented: "We are excited to be partnering with Tether and the Lundin family as cornerstone shareholders. Their combination of deep financial strength, proven strategic capabilities, and commitment to the royalty and streaming model makes them powerful partners for Versamet's next phase of growth. Their investment comes at an exciting inflection point for the company as we advance our U.S. and TSX [Toronto Stock Exchange] main board listings with an asset portfolio expected to generate more than 20,000 GEOs [gold equivalent ounces] in 2026."

About Versamet Royalties Corp.

Versamet is an emerging mid-tier precious metals royalty and streaming company focused on creating long-term per share value for its shareholders through the acquisition of high-quality assets. Versamet common shares trade on the TSX Venture Exchange under the symbol VMET.

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