#Canada #Vancouver #Horizon Copper #Royal Gold #Arrangement

Horizon Copper Completes Arrangement with Royal Gold

Horizon Copper Corp. (TSXV: HCU) (OTCQB: HNCUF) proudly announces that it has successfully completed its previously disclosed arrangement with Royal Gold, Inc. and International Royalty Corporation, a Canadian subsidiary of Royal Gold. This significant development indicates a robust strategy aimed at enhancing shareholder value and streamlining operations.

Details of the Arrangement

Under the terms of this arrangement, Royal Gold has acquired all outstanding shares of Horizon Copper, apart from those held by Sandstorm Gold Ltd. This acquisition allows Royal Gold to further expand its portfolio in the precious metals mining sector. Shareholders of Horizon will receive a payment of C$2.00 for each share held, while holders of Horizon Warrants will receive C$2.00 less the exercise price per underlying share. This arrangement reflects Horizon's dedication to returning value to its shareholders and enhancing its market position.

Next Steps for Shareholders

With the completion of the arrangement, Horizon Copper's shares will be delisted from the TSX Venture Exchange, effective close of business on October 21, 2025. The company will apply to cease being a reporting issuer in relevant jurisdictions, simplifying its operational structure and focusing on projected growth initiatives. Shareholders and warrantholders are urged to refer to the Management Information Circular dated September 8, 2025, for comprehensive details regarding the arrangement, including procedures to receive their respective consideration.

Holders of shares and warrants are required to complete and submit the appropriate letter of transmittal along with any necessary share certificates to Computershare Investor Services Inc., which acts as the depositary for this arrangement. Registered shareholders are encouraged to use courier services or hand-deliver their documentation to ensure smooth processing, especially due to ongoing postal strikes.

Contact Information

Any parties with questions relating to the procedures for submitting required documentation may reach out to Computershare Investor Services at their toll-free number, providing support to streamline the transition following the arrangement. It is crucial for shareholders and warrantholders to stay informed and take action to secure their investments under the new arrangement.

Looking Ahead

Horizon Copper emphasizes the potential long-term benefits of this transaction and maintains a commitment to transparency. They caution that while management believes this arrangement will realize strategic benefits, future outcomes cannot be guaranteed. Investors should remain aware of the dynamic nature of the market and the various factors that could influence performance post-arrangement.

In summary, Horizon Copper's strategic partnership with Royal Gold marks a pivotal moment for the company and signifies a promising trajectory towards growth and enhanced shareholder value, setting the stage for future successes in the mining industry.