Business
Evolve Royalties Announces Completion of its Business Combination and Listing on the CSE
Evolve to commence trading on the CSE on December 17, 2025 under the ticker symbol “EVR” TORONTO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Evolve Royalties Ltd. (CSE:
About this update from Evolve Royalties Ltd.
[{"type":"text","content":" Evolve to commence trading on the CSE on December 17, 2025 under the ticker symbol “EVR” TORONTO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Evolve Royalties Ltd. (CSE: EVR) (“Evolve” or the “Company”) (formerly Voyageur Minerals Explorers Corp.) is pleased to announce that it has completed its previously-announced business combination (the “Business Combination”) with Evolve Strategic Element Royalties Ltd. and its listing on the Canadian Securities Exchange (“CSE”). Evolve’s common shares (the “Evolve Shares”) are expected to commence trading on the CSE on December 17, 2025 under the symbol “EVR”. The Company’s listing statement is available on its SEDAR+ profile at www.sedarplus.ca. “The completion of the Business Combination and listing on the CSE has allowed us to launch Evolve Royalties Ltd., a new growth-oriented player in the copper royalty and base and battery metals space.”, said Joseph de la Plante, President and Chief Executive Officer. “Evolve is now well capitalized to execute on its business plan to build a diversified portfolio of royalties and streams with long-life, high-margin mining assets delivering consistent returns across commodity cycles, with the aim of generating long-term value for our shareholders.” Further to the Business Combination and as previously announced, Voyageur Minerals Explorers Corp. (“Voyageur”) completed a consolidation of its shares on a 4 to 1 basis (“Consolidation”), changed its corporate name from “Voyageur Mineral Explorers Corp.” to “Evolve Royalties Ltd.”, and was continued under the Canada Business Corporations Act. As of the date of this press release, there are 46,529,423 Evolve Shares issued and outstanding. As part of the closing of the Business Combination, holders of subscription receipts of Evolve Strategic Element Royalties Ltd. (the “Subscription Receipts”) will receive 0.285 Evolve Share for each subscription receipt held, with such Evolve Share having a cost base of $2.81 per share (being the subscription receipt issue price of $0.80 divided by the exchange ratio of 0.285, in accordance with the Business Combination and taking into account the Consolidation). Information for Shareholders Voyageur shareholders who hold their shares through a securities broker or dealer, a bank or a trust company, will not be required to take any measures and will automatically rec...