Versamet arranges $125-million bought deal offering

Mr. Craig Rollins reports VERSAMET ROYALTIES ANNOUNCES C$125 MILLION BOUGHT DEAL FINANCING AND CONCURRENT PRIVATE PLACEMENT Versamet Royalties Corp. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and National Bank Capital Markets, under which the underwriters have agreed to buy on bought deal basis 9.1 million common shares, at a price of $13.75 per common share for gross proceeds of $125-million. The company has granted the underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering to cover overallotments, if any. The offering is expected to close on or about Feb. 9, 2026, and is subject to Versamet receiving all necessary regulatory approvals. The company intends to complete a non-brokered private placement whereby existing investors, such as Tether Investments, which have contractual participation rights, are expected to participate in the private placement offering. The concurrent private placement is subject to necessary approvals of the Toronto Stock Exchange. The net proceeds of the offering and concurrent private placement will be used to repay indebtedness, to finance future acquisitions and for general corporate purposes. The common shares will be offered by way of a prospectus supplement to the company's short form base shelf prospectus dated Aug. 1, 2025, in all of the provinces and territories of Canada, other than Quebec, and may also be offered by way of private placement in the United States by Rule 144A. Common shares are offered on a private placement basis in other international jurisdictions in reliance on applicable private placement exemptions. Copies of the shelf prospectus can be found, and the supplement to be filed in connection with the offering will be available (within two business days of the date hereof), under the company's profile on SEDAR+. Delivery of the shelf prospectus, the supplement and any amendments thereto will be satisfied in accordance with the access equals delivery provisions of applicable Canadian securities legislation. Electronic or paper copies of the shelf prospectus and the supplement, when available, may be obtained in Canada, without charge, from BMO Nesbitt Burns, Brampton Distribution Centre, care of the Data Group of Companies, 9195 Torbram Rd., Brampton, Ont., L6S 6H2, by telephone at 905-791-3151, extension 4312, or by e-mail at [email protected], or from National Bank Financial at 130 King St. West, fourth floor podium, Toronto, Ont., M5X 1J9, by telephone at 416-869-8414 or e-mail at [email protected] by providing an e-mail address or address, as applicable. The shelf prospectus contains, and the supplement will contain, important detailed information about the company and the offering. Prospective investors should read the supplement, accompanying shelf prospectus and the documents incorporated by reference therein before making an investment decision. About Versamet Royalties Corp. Versamet is an emerging mid-tier precious metal 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 Toronto Stock Exchange under the symbol VMET. We seek Safe Harbor.