Overview
- TickerVMET on Nasdaq2
- IndustryMineral Royalty Traders2
- HeadquartersVancouver, Canada2
- Incorporated inBritish Columbia, Canada3
- Business addressSuite 3200, 733 Seymour Street, Vancouver, V6B 0S63
- Filer categoryNon-accelerated filer, Emerging growth company3
- Legal formCompany (includes community contribution company and unlimited liability company)2
- LEI529900W4YMNK6YDBX0552
- StatusActive2
- LEI statusIssued and current2
- Registered addressSuite 3200, 733 Seymour St, V6B 0S6 Vancouver, Canada2
- Registered withBC Registry Services, 8340281102
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The Company was formed under the BCBCA on January 31, 2022 by way of an amalgamation of Rosedale Resources Ltd. (incorporated October 21, 2011) and Lunde International Corp. (incorporated October 12, 2018), both private royalty companies incorporated under the BCBCA. On June 13, 2022, the Company changed its name from “Rosedale Resources Ltd.” to “Sandbox Royalties Corp.” in anticipation of acquiring royalty portfolios from each of Sandstorm Gold Ltd. (“ Sandstorm ”) and Equinox Gold Corp. (“ Equinox ”), which closed on June 28, 2022. On June 5, 2024, the Company changed its name from “Sandbox Royalties Corp.” to “Versamet Royalties Corporation” in connection with acquiring a royalty portfolio from B2Gold Corp. (“ B2Gold ”).4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Sales | $20.7M | $10.0M |
| Royalty revenue | $14.1M | $2.0M |
| Total revenue | $34.8M | $12.0M |
| Cost of Sales | -$15.1M | -$10.0M |
| Depletion | -$6.2M | -$843.0K |
| Gross profit | $13.5M | $1.2M |
| Administrative expenses | -$7.6M | -$5.5M |
| Change in fair value of Greenstone gold interest | $32.9M | $14.1M |
| Impairment of royalty interest | -$8.3M | |
| Operating income | $38.8M | $1.4M |
| Change in fair value of convertible debt derivative liability | $3.3M | $400.0K |
| Finance and interest expense | -$12.2M | -$3.6M |
| Foreign exchange (loss) gain | -$548.0K | $780.0K |
| Interest income | $267.0K | $148.0K |
| Net income (loss) before income taxes | $29.6M | -$874.0K |
| Income tax expense | -$9.3M | -$1.6M |
| Net income (loss) | $20.3M | -$2.4M |
| Basic earnings (loss) per share | $0.22 | -$0.03 |
| Diluted earnings (loss) per share | $0.21 | -$0.03 |
| Basic | 92.8M shares | 76.2M shares |
| Diluted | 95.5M shares | 76.2M shares |
| Change in fair value of investments | $245.0K | $193.0K |
| Total comprehensive income (loss) | $20.6M | -$2.3M |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.7M | $1.4M | $6.7M |
| Trade and other receivables | $9.6M | $369.0K | |
| Prepaid and other assets | $97.0K | $27.0K | |
| Greenstone gold interest | $10.8M | $7.6M | |
| Current assets | $24.2M | $9.5M | |
| Investments | $1.0M | $730.0K | |
| Deferred financing costs | $1.3M | ||
| Greenstone gold interest | $72.8M | $54.7M | |
| Royalty, stream and other interests | $318.7M | $165.4M | |
| Total assets | $418.0M | $230.2M | |
| Trade and other payables | $2.9M | $1.2M | |
| Credit facilities | $30.0M | ||
| Convertible debt | $12.3M | ||
| Convertible debt derivative liability | $3.3M | ||
| Current liabilities | $32.9M | $16.9M | |
| Credit facilities | $141.0M | $608.0K | |
| Deferred income tax liabilities | $10.2M | $1.5M | |
| Total liabilities | $184.1M | $18.9M | |
| Share capital | $217.4M | $215.8M | |
| Share-based compensation reserve | $5.2M | $4.8M | |
| Retained earnings (deficit) | $12.4M | -$8.0M | |
| Accumulated other comprehensive loss | -$984.0K | -$1.2M | |
| Total shareholders' equity | $234.0M | $211.3M | $113.8M |
| Total liabilities and shareholders' equity | $418.0M | $230.2M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $3.7M | $1.4M | $6.7M |
| Trade and other receivables | $9.6M | $369.0K | |
| Prepaid and other assets | $97.0K | $27.0K | |
| Greenstone gold interest | $10.8M | $7.6M | |
| Current assets | $24.2M | $9.5M | |
| Investments | $1.0M | $730.0K | |
| Deferred financing costs | $1.3M | ||
| Greenstone gold interest | $72.8M | $54.7M | |
| Royalty, stream and other interests | $318.7M | $165.4M | |
| Total assets | $418.0M | $230.2M | |
| Trade and other payables | $2.9M | $1.2M | |
| Credit facilities | $30.0M | ||
| Convertible debt | $12.3M | ||
| Convertible debt derivative liability | $3.3M | ||
| Current liabilities | $32.9M | $16.9M | |
| Credit facilities | $141.0M | $608.0K | |
| Deferred income tax liabilities | $10.2M | $1.5M | |
| Total liabilities | $184.1M | $18.9M | |
| Share capital | $217.4M | $215.8M | |
| Share-based compensation reserve | $5.2M | $4.8M | |
| Retained earnings (deficit) | $12.4M | -$8.0M | |
| Accumulated other comprehensive loss | -$984.0K | -$1.2M | |
| Total shareholders' equity | $234.0M | $211.3M | $113.8M |
| Total liabilities and shareholders' equity | $418.0M | $230.2M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | $20.3M | -$2.4M |
| Non-cash cost of sales related to Greenstone gold interest | $11.6M | $8.0M |
| Depletion | $6.2M | $843.0K |
| Share-based compensation | $1.7M | $2.6M |
| Change in fair value of Greenstone gold interest | -$32.9M | -$14.1M |
| Change in fair value of convertible debt derivative liability | -$3.3M | -$400.0K |
| Impairment of royalty interest | $8.3M | |
| Unrealized foreign exchange loss (gain) | $5.0K | -$798.0K |
| Foreign exchange on convertible debt repaid | $518.0K | |
| Finance and interest expense (net of interest income) | $11.9M | $3.4M |
| Income tax expense | $9.3M | $1.6M |
| Income taxes paid | -$559.0K | -$509.0K |
| Changes in non-cash working capital | -$7.7M | $857.0K |
| Cash flows provided by (used in) operating activities | $16.9M | $7.4M |
| Acquisition of stream and royalty interests | -$159.5M | -$76.0K |
| Sale of investment | $1.0M | |
| Cash flows provided by (used in) investing activities | -$159.5M | $956.0K |
| Proceeds from credit facilities | $181.0M | |
| Repayment of credit facilities | -$11.0M | -$19.0M |
| Repayment of convertible debt | -$16.4M | |
| Proceeds from private placement, net of issue costs | $7.5M | |
| Financing costs and interest paid | -$8.8M | -$2.0M |
| Cash flows provided by (used in) financing activities | $144.8M | -$13.5M |
| Impact of foreign exchange on cash | -$50.0K | -$150.0K |
| Increase (decrease) in cash for the year | $2.3M | -$5.3M |
No quarter-by-quarter statement was filed.
Corporate structure
Versamet Royalties Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Versamet Royalties Corp
- Tether Global Investments Fund, S.I.C.A.F., S.A. Filed SCHEDULE 13D/A on Versamet Royalties Corp, latest Jun 29, 2026 (2 filings since Mar 12, 2026)
- S.a.r.l Nemesia Filed SCHEDULE 13G on Versamet Royalties Corp, latest May 8, 2026
- Versamet Royalties Corp Vancouver, British Columbia, Canada
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
Former names
- Versamet Royalties CorporationAug 5, 2025 to Aug 5, 20253
Timeline
- Aug 12, 2022Founded Versamet Royalties Corp is founded2
Calendar
Coming up
- Nov 11, 2026Reports results for the quarter ending Sep/20266
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
31 filings to the SEC since October 2021: 1 annual reports, 6 large holders, 24 other. The latest 20:
- Sep 16, 20266-K EDGAR
- Aug 13, 20266-K EDGAR
- Jul 8, 2026SCHEDULE 13G/A EDGAR
- Jun 30, 20266-K EDGAR
- Jun 29, 2026SCHEDULE 13D/A EDGAR
- May 28, 20266-K EDGAR
- May 20, 20266-K EDGAR
- May 14, 20266-K EDGAR
- May 8, 2026SCHEDULE 13G EDGAR
- Apr 30, 202620-F EDGAR
- Apr 17, 2026SCHEDULE 13G EDGAR
- Apr 10, 20266-K EDGAR
- Apr 6, 20266-K EDGAR
- Apr 6, 2026SCHEDULE 13G EDGAR
- Mar 31, 20266-K EDGAR
- Mar 13, 20266-K EDGAR
- Mar 12, 2026SCHEDULE 13D EDGAR
- Mar 12, 20266-K EDGAR
- Mar 5, 2026SEC STAFF ACTION EDGAR
- Mar 5, 2026CERT EDGAR
The 31 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Tether Global Investments Fund, S.I.C.A.F., S.A.SCHEDULE 13D/A, 2 filings Mar 12, 2026 to Jun 29, 20267
- S.a.r.l NemesiaSCHEDULE 13G, 1 filing May 8, 20268
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 51. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Versamet Royalties Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARVersamet Royalties Corp1
- CIK0002080073
- Filer statusNon-accelerated filer an emerging growth company; not a shell company4
- Incorporated inBritish Columbia, Canada4
- Fiscal year endsDecember 311
- Industry code (SIC)6795 Mineral Royalty Traders1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressSuite 3200, 733 Seymour Street, Vancouver, British Columbia V6B 0S6, British Columbia, Canada1
- Phone778-945-39481
- Shares outstanding93,411,746 shares as of Dec 31, 20254
- AuditorKPMG LLP, Vancouver, Canada PCAOB ID 85; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceAug 5, 20251
- Filings31 in all: 6-K (11), DRS/A (7), SCHEDULE 13G (3), DRS (2), 20-F (1), 20FR12B (1), 20FR12B/A (1), CERT (1)1
All 12 form types
SCHEDULE 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G/A (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (20-F) Apr 30, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Shares, no par value | VMET | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 6NasdaqNasdaq calendar
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