11:02 AM EST, 11/17/2025 (MT Newswires) -- Royal Gold ( RGLD ) said Monday its unit International Royalty will sell all 23.7 million of its Versamet Royalties shares to Tether Investments and Nemesia for 8.75 Canadian dollars ($6.24) each, totaling about CA$207 million.

The company said the shares were deemed non-core following its Sandstorm acquisition, and the proceeds will be used to repay debt. Royal Gold ( RGLD ) will no longer hold any Versamet shares after the sale closes.

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