Business
Eagle Royalties Files Management Information Circular for Reverse Takeover Transaction with Summit Royalty and Encourages Shareholders to Access Meeting Materials Electronically
CRANBROOK, BC / ACCESS Newswire / September 30, 2025 / Eagle Royalties Ltd. (CSE:ER.CN)("Eagle" or the "Corporation") is pleased to announce that it has filed i
About this update from Summit Royalties Ltd
[{"type":"text","content":" CRANBROOK, BC / ACCESS Newswire / September 30, 2025 / Eagle Royalties Ltd. (CSE:ER.CN)(\"Eagle\" or the \"Corporation\") is pleased to announce that it has filed its management information circular (the \"Circular\") and related materials for its annual and special meeting (the \"Meeting\") of shareholders of Eagle (\"Eagle Shareholders\"), scheduled to be held on October 30, 2025 at 10:00 a.m. (Calgary time) at Suite 200, 44 - 12th Avenue South, Cranbrook, British Columbia, V1C 2R7. Annual and Special Meeting on October 30, 2025 At the Meeting, Eagle Shareholders will be asked, among other things, to consider and, if considered advisable, approve an ordinary resolution (the \"Transaction Resolution\") authorizing the \"Fundamental Change\" (as defined under the policies of the Canadian Securities Exchange) of Eagle, as more particularly described in the Circular. If the Transaction Resolution is approved, Eagle will implement a three-cornered amalgamation (the \"Transaction\") with Summit Royalty Corp. (\"Summit\") and 1001280658 Ontario Inc. (\"Newco\"), a wholly-owned subsidiary of the Corporation, pursuant to an amalgamation agreement dated June 30, 2025 among the Corporation, Summit and Newco, which will result in a reverse takeover of the Corporation by Summit. The resulting issuer of the Transaction is expected to be named \"Summit Royalties Ltd.\" (the \"Resulting Issuer\"). Eagle Shareholders will also be asked to consider and, if considered advisable, approve various other corporate actions in connection with the Transaction, including but not limited to, a 5:1 consolidation, name change to \"Summit Royalties Ltd.\", board reorganization, the adoption of a new omnibus incentive plan and auditor change, as well as various annual business matters (together, with the Transaction Resolution, the \"Resolutions\"), as more particularly described in the Circular. The Board of Directors of Eagle unanimously recommends that Eagle Shareholders vote FOR the Resolutions. Mailing of Meeting Materials and General Advisory on Canada Post Strike and Related Disruption Mailing of the Meeting materials has commenced and Eagle Shareholders should receive them in due course. All of the Meeting materials can be accessed on Eagle's corporate website (https://www.eagleroyalties.com/ER-AGM-material) and on SEDAR+ (www.sedarplus.ca) under Ea...