|
McLeod Law acted as legal counsel to Eagle Royalties Ltd. (CSE: ER) in its transformative reverse takeover by Summit Royalty Corp., resulting in the formation of Summit Royalties Ltd. (TSXV: SUM). This milestone transaction was completed by way of a three-cornered amalgamation. By merging the portfolios of Eagle Royalties and Summit Royalty, the resulting company is expected to boast a $65 million market capitalization and a diversified portfolio of more than 40 royalty and streaming assets, spanning gold and silver projects across the Americas, Africa, and beyond. This transaction delivered a significant premium to Eagle Royalties shareholders and established Summit Royalties as a leader in precious metals and critical minerals space. Eagle Royalty shareholders will own approximately 16% of Summit Royalties. McLeod Law is honoured and proud to have advised Eagle Royalties, its board of directors and senior management team in achieving this important milestone. The McLeod Law team was led by S (Rishi) Chakraborty, Laura Wynnyk, and Ivana Palacios.
|
McLeod Law advises Eagle Royalties Ltd. in a Reverse Takeover Transaction, creating a $65 Million public company New Notable Work
|
"With the transaction now successfully completed, I would like to once again thank S(Rishi) Chakraborty and his McLeod Law team for their able and professional handling of our affairs. McLeod Law continues to provide solid representation of our corporate affairs,” said Tim Termuende, President and CEO of Eagle Royalties. |

