OR Royalties Expands Gold Mining Interests with Namdini Acquisition

MONTREAL, Jan. 29, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce that it has acquired an additional 1.0% net smelter return (“NSR”) royalty (the “Additional Royalty”) covering the Namdini Gold Mine (“Namdini”) in Ghana, with an effective date of October 1, 2025. OR Royalties has closed the transaction with Savannah Mining Limited (“Savannah”), acquiring Savannah’s remaining 50% interest in the 2.0% NSR royalty for total consideration of up to $103.5 million. All monetary amounts included in this report are expressed in United States dollars, unless otherwise noted.

On January 29, 2026, OR Royalties announced the acquisition of an additional 1.0% Net Smelter Return (NSR) royalty on the Namdini Gold Mine located in Ghana. This strategic acquisition aims to enhance OR Royalties' portfolio in the mining sector, improving its revenue-generating capabilities from gold mining operations.

The Namdini Gold Mine, known for its significant mineral reserves and production potential, represents a valuable asset in OR Royalties' portfolio. The company has been strategically expanding its royalty interests across various mining projects, and this latest move is in line with its growth strategy.

This acquisition not only solidifies OR Royalties’ position in the burgeoning Ghanaian gold market but also reflects the growing demand for gold resources in the global market. As investors seek safe-haven assets, gold has increasingly been at the forefront, making such acquisitions beneficial for long-term financial health.

Management highlights the potential for increased production at the Namdini mine, which has been identified as a promising site for future exploration and expansion activities. By securing an additional royalty, OR Royalties is poised to benefit from any enhancements in production without taking on the operational risks associated with direct mining.

OR Royalties is committed to enhancing shareholder value through strategic acquisitions, and the addition of the Namdini NSR royalty aligns with its objectives. The company's focus on royalty acquisitions allows it to maintain financial flexibility and minimize operational overhead while securing a share of the profits from successful mining projects.