NGEx spinout LunR to begin trading on TSX-V Dec. 19

Executive Summary

• LunR Royalties Corp. received final approval to list its common shares on the TSX Venture Exchange, with trading commencing on December 19, 2025 under the ticker “LUNR”.
• The company will remain 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 – share certificates and CUSIP numbers remain unchanged.

Key Details

• Listing Approval: Final TSX‑V approval obtained; trading to start at market open on Dec 19, 2025.
• Ticker Symbol: LUNR.
• Shares Outstanding: 70,063,014 common shares currently issued.
• Shareholder Impact: No exchange of share certificates or CUSIP change required; existing shareholders retain identical holdings.
• Tier 2 Status: LunR will be classified as a Tier 2 investment issuer per TSX‑V policies.
• Option Escrow: 4.7 million stock options granted to certain directors and officers are subject to a Tier 2 security escrow agreement, with release scheduled over 36 months.
• Corporate Structure: Spinout of NGEx Minerals Ltd.; statutory plan of arrangement effective Oct 23, 2025.
• Royalty Portfolio: Holds a 1.00% NSR royalty on the Lunahuasi project (Argentina) and a 1.38% NSR royalty on Los Helados (Chile).

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, LunR Royalties.