On September 24, 2025, Versamet Royalties Corporation completed a transaction with funds advised by Appian Capital Advisory Limited whereby Versamet acquired a 90% silver stream on the Rosh Pinah mine in Namibia and a 2.75% net smelter return royalty on the Santa Rita mine in Brazil for up-front cash consideration of $125 million and contingent consideration of up to $45 million, adding two significant producing long-life assets to Versamet’s growing portfolio.
Cassels acted for Versamet.