

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.