OR Royalties Acquires Royalty Assets Including Key Mine Interest

MONTREAL, Feb. 18, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce that it has entered into a definitive agreement with affiliates of Gold Fields Limited (“Gold Fields”) to acquire a high-quality portfolio of precious metals assets (the “Portfolio”) consisting of eight royalties for a total consideration of $115 million (the “Purchase Price”), anchored by a 1.5% net smelter return (“NSR”) royalty on Compañía de Minas Buenaventura SAA’s (“Buenaventura”) producing San Gabriel gold and silver mine (“San Gabriel”) located in the Province of General Sánchez Cerro, Region of Moquegua, Peru (the “Transaction”). Amounts presented are in United States dollars, except where otherwise noted.

OR Royalties has made a significant announcement regarding the acquisition of a diverse portfolio of royalty assets, a strategic move that is expected to enhance their revenue stream and market position. The highlight of this acquisition is a notable 1.5% net smelter return (NSR) royalty on Buenaventura's San Gabriel mine, which is currently in production.

This acquisition reflects OR Royalties' commitment to building a robust portfolio that focuses on precious metals and mining operations. By incorporating a royalty asset from one of the industry leaders, they are poised to benefit from the financial returns generated by the San Gabriel mine. The move signifies a strategic alignment with partners that have a strong operational track record, reinforcing OR Royalties' aims to maximize value for its stakeholders.

Buenaventura's San Gabriel mine is recognized for its production capabilities, positioning it as a vital asset within the mining sector. The mine is equipped with advanced mining technologies and operational efficiencies, which are critical in sustaining production levels and profitability. As the demand for precious metals continues to grow, the NSR royalty will enable OR Royalties to capture a portion of the revenue generated from the mine's output.

In addition to the San Gabriel mine, OR Royalties' acquisition includes various other royalty interests across different projects, diversifying their portfolio further. This diversification is essential in mitigating risks associated with volatility in the mining sector, ensuring stable and consistent revenue flows.

The decision to expand into the mining royalty sector is influenced by favorable market conditions and an increasing global demand for minerals. As industrial and technological applications for precious metals rise, OR Royalties' strategy is well-timed to leverage the growing interest and investment in mining royalties. This strategic move not only boosts their financial standing but also enhances their long-term sustainability prospects.

Furthermore, the acquisition aligns with OR Royalties' larger vision of becoming a leading player in the global mining royalty space. The management's expertise in asset management and financial structuring is expected to bring valuable insights as they integrate these new assets into their existing portfolio. This strategic growth initiative underscores the company's ambition to solidify its market position and deliver enhanced returns to shareholders.

Market analysts view this acquisition positively, as it provides OR Royalties with a dual benefit of immediate revenue generation while also creating a framework for future growth through additional royalty acquisitions. The feedback from investors has been enthusiastic, as the acquisition is seen as a prudent step in strengthening the company's financial foundation amid a competitive mining landscape.

In conclusion, OR Royalties' acquisition of a portfolio of royalty assets, particularly the significant 1.5% NSR royalty on Buenaventura’s San Gabriel mine, showcases the company's strategic focus on long-term growth, diversification, and value creation. As the global mining industry evolves, OR Royalties is well-positioned to capitalize on emerging trends and maintain a competitive edge in the market.