Evolve Royalties Ltd. (EVR) Financings
CSE: EVR · Copper · Royalty/Streaming stage
- Market cap$138.0M
- Share price$2.69
- 52-week range$2.61 – $3.95
- Shares outstanding51,316,753
- ExchangeCSE
Evolve Royalties Ltd. is a royalty company that strives to be one of the first to apply the royalty and streaming model to the next generation of strategic mines, moving early to secure premium assets and build value in the low-carbon and digital economy. Evolve’s portfolio consists of a valuable package of royalties, including a net profit interest on Teck Resources Limited’s Highland Valley Copper Operation in British Columbia, net smelter returns (“NSR”) royalties on copper and on all other metals produced on a portion of the claims of Hudbay Minerals Inc.’s Copper Mountain Mine in British Columbia, an NSR royalty on the Sal de Los Angeles Lithium Brine Project in Argentina, a net tonnage royalty on a portion of Foran Mining Corporation’s McIlvenna Bay Project, including the McIlvenna Bay Deposit and the Tesla Zone, an NSR royalty on Foran Mining Corporation’s Bigstone Deposit, and an NSR royalty on a portion of Visionary Copper and Gold Mines Inc.’s Pine Bay Project, including the Rainbow Deposit, as well as various exploration stage royalties and production payment rights.
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Evolve Royalties Ltd. financial statements
Key figures read from 7 of 7 financial statement filings, Nov 1, 2021 to Oct 15, 2025. Each column is the period as the company first filed it.
Balance sheet: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|
| Cash and equivalents | C$596,622 | C$683,072 | C$709,855 | C$748,275 |
| Total assets | C$1,587,442 | C$1,609,177 | C$1,827,043 | C$888,706 |
| Total liabilities | C$192,810 | C$22,234 | C$36,598 | C$49,081 |
| Shareholders' equity | C$1,394,632 | C$1,586,943 | C$1,790,445 | C$839,625 |
Income statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| 3M Aug 2025 | 3M May 2025 | 3M Feb 2025 | 3M Aug 2024 | |
|---|---|---|---|---|
| Exploration and evaluation expense | C$6,034 | C$6,067 | C$30,987 | C$6,000 |
| General and administrative | C$55,090 | C$56,104 | C$54,525 | C$46,174 |
| Share-based compensation | C$8,625 | C$8,626 | C$400,251 | — |
| Net income (loss) | (C$168,176) | (C$237,873) | C$440,569 | (C$262) |
Cash flow statement: quarterly key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| 9M Aug 2025 | 6M May 2025 | 3M Feb 2025 | 9M Aug 2024 | |
|---|---|---|---|---|
| Operating cash flow | (C$303,520) | (C$211,448) | (C$148,420) | (C$248,044) |
| Investing cash flow | C$48,882 | C$10,500 | — | — |
| Financing cash flow | C$102,985 | C$135,745 | C$110,000 | — |
| Change in cash | (C$151,653) | (C$65,203) | (C$38,420) | (C$248,044) |
| Cash at end of period | C$596,622 | C$683,072 | C$709,855 | C$797,569 |
Evolve Royalties Ltd. financings
1 financing announced or closed by Evolve Royalties Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-07-20 | Evolve Royalties Ltd. (EVR) | Debt | Announced | US$75.0M | — | Evolve Royalties Secures Revolving Credit Facility for Up to US$75 Million |
Evolve Royalties Ltd. debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Evolve Royalties Ltd. has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2026-07-20 | Credit facility, signed | Bank of Montreal | US$50M | — |