Versamet Royalties Corporation operates as a precious metals royalty and streaming company, providing upfront capital to mining operators in exchange for a percentage of future metal production or revenue. The company's portfolio consists of over 28 royalty and streaming assets spanning producing, development, and exploration-stage projects across the Americas and Africa. Key assets include a gold stream on the Greenstone mine in Canada, a silver stream on the Rosh Pinah mine in Namibia, a net smelter return royalty on the Santa Rita mine in Brazil, and a gold stream on the Eskay Creek project in Canada. Versamet generates the vast majority of its revenue from precious metals, with approximately 85% of its expected revenue derived from gold and silver. The company's business model offers investors exposure to commodity price appreciation and mine life extensions without the direct capital requirements and operating cost inflation risks associated with traditional mining operations. Originally formed in 2022 as Sandbox Royalties Corp. through a combination of assets from Equinox Gold and Sandstorm Gold Royalties, the company rebranded to Versamet Royalties in 2024 and completed its public listing in 2025.
