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Stock impact report

Transformative Merger Secures 50 High-Growth Royalties in Top Jurisdictions [Globe and Mail, The (Toronto, Canada)]

Iamgold Corporation Ordinary Shares (IAG) 
Last iamgold corporation ordinary shares earnings: 2/19 05:25 pm Check Earnings Report
2,519, and the CBOE Volatility Index dropped more than 13% to 23.58. Oil pulled back toward $95 a barrel, taking some pressure off inflation sentiment. This is the type of trading session where small-cap resource stocks tend to get a second look, and at least one precious metals royalty name gave investors a concrete reason to pay attention. Star Royalties Ltd. (TSX-Venture: STRR) (OTCQX: STRFF) announced this morning that it has agreed to be acquired by Summit Royalties Ltd. (TSX-Venture: SUM) (OTCQB: SUMMF) in an all-share merger that will combine the two companies into a larger precious metals' royalty platform. Under a court-approved plan of arrangement, Star shareholders will receive 0.360 Summit shares for each Star share held. The exchange ratio implies a value of $0.60/Star share. This represents a 25% premium to Star's closing price on March 13, 2026, and a 32% premium to the 20-day volume-weighted average price. On closing, existing Summit shareholders are expected to ho Show less Read more
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