From Zero to 45+ Royalties in 18 Months: Copperstone, AurMac, Bomboré.Summit Royalties | ML Börspodd

Drew Clark, CEO of Summit Royalties (TSXV: SUM), joins the ML Podcast to walk through how the company has grown from zero to more than 45 royalties and streams in roughly 18 months, its four producing assets and the two expected to come online by 2027, and the catalysts ahead.**PAID PRODUCTION:** This interview is sponsored by Summit Royalties Ltd., which has paid ML Center for its production.

ML Center and its owners hold shares in Summit Royalties and may buy or sell shares at any time. This is not investment advice. See the full disclaimer below.**In this interview:**• Background: from Metalla to founding Summit, and the management team and board behind the company• The royalty model: long-life assets with no capex or drilling costs for the royalty holder, and why royalty companies have historically traded at a premium• The producing portfolio: Madsen (West Red Lake Gold Mines), Bomboré (Orezone), Keysbrook and Zancudo (Denarius), and the mill expansions underway• The next two producers: Pitangui (Jaguar Mining) and Copperstone, a 4% gold stream on a fully financed, permitted mine under construction in Arizona• AurMac (Banyan Gold): Summit’s 2% and 1% royalties and the PEA expected this year• Capital structure: insider ownership, no warrants, and the up to US$50 million credit facility with National Bank of Canada• Valuation versus peers according to analyst consensus, and the catalysts management expects over the next six months---**FULL DISCLOSURE AND DISCLAIMER**This video is a paid production.

Summit Royalties Ltd. has paid ML Center for the production and publication of this interview. ML Center, its representatives, owners, employees and affiliates hold shares in Summit Royalties Ltd.