Evolve Royalties, formerly Voyageur Minerals Explorers Corp., is a royalty company whose portfolio includes a net profit interest on Teck Resources Limited's Highland Valley Copper Operation 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, and royalties on copper and all other metals produced on a portion of the claims of Hudbay Minerals Inc.'s Copper Mountain Mine in British Columbia.
Evolve Royalties builds a portfolio of cash-flowing or near-term cash-flowing royalties and streams by financing construction or advanced engineering for up-and-coming mines, and its interests let it participate in revenue growth while minimizing exposure to increasing costs and capex, with a focus on base and diversified metal royalties, particularly copper.