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Evolve Royalties closes $32.5M deal for tin royalty at Namibia's Uis Mine, boosting 2026 cash flow.

Company Fundamentals
13 May 2026
GlobeNewsWire
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Bullish
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Evolve Royalties Ltd. has completed its acquisition of a tin royalty on the Uis Tin-Tantalum Mine in Namibia for $32.5 million, paid partly in cash and shares. This royalty provides immediate cash flow from a producing mine, with expected revenue between $4.0 and $4.5 million in 2026 based on current tin prices and production. The acquisition strengthens Evolve's portfolio with a long-life asset contributing stable income. The company focuses on royalties in metals supporting electrification and the energy transition, aiming for diversified, cash-flowing assets with upside potential.

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