Drew Clark

Drew Clark, CEO of Summit Royalty Corp, brings nearly 20 years of expertise in the royalty market, including significant roles in various firms. He discusses Summit’s strategic acquisitions and the importance of cash-flowing royalties. Clark emphasizes the innovative nature of royalty deals and highlights recent major transactions, including a billion-dollar agreement. He sheds light on the evolving landscape of new players in the market and the potential for growth through royalties and consolidations, all set against the backdrop of precious metals cycles.

Drew Clark, President and CEO of Summit Royalties Ltd., brings a wealth of experience in the precious metals sector. In this conversation, he reveals the company's strategic acquisition of a $17.5M portfolio from IAMGOLD and details their 47 royalties focused on gold and silver. Key topics include the growth potential from Madsen's 1% royalty, the promising Bomboré silver stream, and the strength of the Zancudo operation. With no debt and significant cash reserves, Drew outlines a clear path for future growth and acquisitions.

In this insightful discussion, Drew Clark, CEO of Summit Royalty Corp., sheds light on the company's exciting debut on the TSX Venture. He shares the transformation from concept to a cash-flow-positive royalty firm, fueled by strategic acquisitions, including a takeover with Eagle Royalties. Drew touches on the burgeoning value of the Bambori silver stream and highlights plans for imminent production expansions. He delves into market dynamics, valuation challenges, and the potential for further consolidation in the royalty space.