Summit Royalties Targets US Investors with OTCQB Listing Amid Gold Rush

TORONTO, ON – January 16, 2026 – As precious metals continue their historic rally, Summit Royalties Ltd. (TSXV: SUM) has made a significant strategic move to capture the attention of American investors. The company announced today that its common shares have commenced trading on the OTCQB Venture Market in the United States under the ticker symbol "SUMMF".

This dual-listing strategy, which maintains the company's primary trading on the TSX Venture Exchange, is designed to broaden its shareholder base and increase liquidity. The move comes just one day after President and CEO Drew Clark and his executive team celebrated the company's recent TSXV listing by opening the market, signaling a period of aggressive expansion and heightened market presence for the precious metals royalty and streaming company.

A Strategic Gateway to American Capital

The decision to list on the OTCQB is a calculated step to unlock access to the world's largest investment market. For emerging Canadian firms like Summit Royalties, the OTCQB provides a streamlined and cost-effective platform to increase visibility and accessibility for U.S. investors, without the more onerous requirements of a major national exchange like the NYSE or Nasdaq. Companies on the OTCQB are required to remain current in their reporting and undergo annual verification, providing a level of transparency for investors.

According to the company, the listing is intended to "provide a seamless trading experience for shareholders" south of the border. Importantly, no new common shares were issued in connection with the OTCQB listing, indicating the move is focused purely on expanding market access rather than immediate capital raising. This cross-listing can significantly enhance a company's trading volume and liquidity over time by tapping into a fresh pool of retail and institutional capital.

Fueling an Ambitious Growth Engine

Summit Royalties has been vocal about its corporate objective: to become the "fastest growing royalty and streaming company." The new U.S. listing is a key component of the infrastructure needed to support this ambition. The company's strategy hinges on executing "actionable, accretive acquisitions" that grow its portfolio of royalties and streams, thereby increasing production and driving cash flow growth.

Underpinning this aggressive strategy is a remarkably clean balance sheet. Summit reports having no debt and possessing "sufficient cash on hand for future acquisitions." This financial strength gives management the agility to act decisively when attractive opportunities arise in the competitive M&A landscape. Leading this charge is CEO Drew Clark, a veteran of the royalty space with a proven track record. During his tenure at Metalla Royalty & Streaming, Clark was instrumental in growing its portfolio from 18 to over 100 royalties, participating in over 30 transactions totaling more than $300 million. This experience lends significant credibility to Summit's acquisition-focused model, which offers investors exposure to rising metal prices without the direct operational risks and capital expenditures of traditional mining companies.

Riding a Historic Precious Metals Wave

Summit's market expansion is timed to perfection, coinciding with a super-cycle in precious metals. Gold and silver prices have surged to unprecedented levels in early 2026. After a record-breaking 2025, gold has climbed above $4,600 per ounce, while silver has seen an even more dramatic ascent, breaking past $90 per ounce.

Market analysts remain overwhelmingly bullish. Major financial institutions like J.P. Morgan and Citi have projected gold could push towards $5,000 per ounce this year, driven by sustained central bank buying, persistent inflationary pressures, and geopolitical uncertainty. Silver's outlook is bolstered by a structural supply deficit and soaring industrial demand from the solar, electric vehicle, and electronics sectors, with some analysts forecasting a potential run toward $100 per ounce or higher.

This buoyant market environment creates a fertile ground for royalty and streaming companies. As metal prices rise, their revenues increase directly without additional operational cost, making them a favored vehicle for investors seeking leveraged exposure to the commodities boom.

A Portfolio Built for Growth

While its ambitions are future-focused, Summit's strategy is anchored by a solid and growing portfolio of assets. The company is not just a narrative; it holds interests in tangible, cash-flowing projects. A cornerstone asset is a 1% Net Smelter Return (NSR) royalty on West Red Lake Gold's Madsen Mine, which is expected to ramp up to significant gold production in 2026.

Further bolstering its cash flow is a 50% silver stream on Orezone's Bomboré Mine. A recent expansion at Bomboré is projected to substantially increase gold and silver output, directly benefiting Summit's revenue. The portfolio is diversified with over 40 royalties and streams, including a promising 1-2% NSR on the AurMac project, which recently released a positive Preliminary Economic Assessment.

This blend of current cash-flowing assets, near-term development projects, and long-term exploration upside provides a stable platform from which the company can launch its acquisition strategy. It offers investors a combination of immediate returns and future growth potential.

Navigating a Competitive Landscape

With a market capitalization of approximately C$131 million, Summit Royalties is positioning itself as a formidable player in the small-to-mid-cap royalty sector. While it does not yet rival giants like Franco-Nevada or Wheaton Precious Metals, it is sized competitively against peers such as Metalla Royalty & Streaming and Gold Royalty Corp. Its recent 40% increase in market capitalization since late 2025 reflects growing investor confidence in its strategy.

By establishing a presence on both the Canadian TSXV and the U.S. OTCQB, Summit is building a dual-market foundation designed for sustained growth. The ceremonial bell ringing in Toronto followed by the trading launch in the U.S. illustrates a company celebrating its Canadian roots while firmly setting its sights on a global stage. This calculated expansion, backed by a strong management team, a robust portfolio, and a powerful tailwind from the metals market, positions Summit Royalties as a company to watch in the dynamic precious metals sector.