Regulatory
LunR Royalties Receives Final Approval to List on the TSXV, Trading to Commence December 19, 2025

LUNR · Price
Executive Summary
- LunR Royalties Corp. received final regulatory approval to list its common shares on the TSX Venture Exchange (TSXV) with trading set to commence on December 19, 2025 under the ticker “LUNR”.
- The company will become a Tier 2 Investment Issuer; 4.7 million stock options granted to directors and officers are held in escrow and will be released over a 36‑month period.
- No action is required from existing shareholders and there will be no change to the CUSIP of the common shares.
Key Details
- Listing Approval: Final approval obtained from TSXV; trading begins at market open on 2025‑12‑19.
- Ticker Symbol: LUNR.
- Shares Outstanding: 70,063,014 common shares currently issued.
- Tier Status: Tier 2 Investment Issuer under TSXV policies.
- Stock Options Escrow: 4,700,000 options granted to certain directors/officers are subject to a Tier 2 Security Escrow Agreement; release schedule is over 36 months.
- Shareholder Impact: No exchange of share certificates or other actions required; CUSIP remains unchanged.
- Corporate Background: Spin‑out from NGEx Minerals Ltd., holding NSR royalties on Lunahuasi (1.00 %) and Los Helados (1.38 %).
- President/CEO Quote: Adam Lundin highlighted the listing as a “pivotal moment” for growth in the mining royalty and streaming space.
Notable Quotes
“There has never been a more exciting time to launch a new royalty company, and this is a pivotal moment for LunR as we set out to become a significant player in the mining royalty and streaming space.” – Adam Lundin, President, CEO & Chair
Materiality Assessment: Material – Positive (the approval enables public trading of shares, providing liquidity and visibility that can materially affect shareholder value.)
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