Star Royalties
Star Royalties Ltd. was a Toronto-based precious metals and carbon credit royalty and streaming company that provided non-dilutive capital to mining operators and commodity exposure to institutional and retail investors; it was acquired by Summit Royalties in July 2026.
- Company typePublic
- Founded2019
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Star Royalties does
Star Royalties Ltd. was a Canadian precious metals and carbon credit royalty and streaming company headquartered in Toronto, Ontario. The company originated non-dilutive capital transactions with mining counterparties, providing upfront funding in exchange for royalty and streaming interests on future metal production — most notably a 4% gold stream on Mining Americas Inc.'s fully permitted Copperstone project in Arizona, which carried a positive pre-feasibility study and a formal construction decision.
Its business model was structured as a portfolio of financial instruments rather than direct mining operations: Star held royalty and streaming interests across multiple mining counterparties, generating licensing/royalty revenue from recurring production without bearing operating costs, capex, or execution risk. In parallel, Star held an approximately 46.6% equity interest in Green Star Royalties Ltd., a pure-green joint venture focused on cleantech, decarbonization projects, and carbon credit price exposure — broadening the company's thesis beyond traditional precious metals.
The company was publicly listed on the TSX Venture Exchange (TSXV: STRR) and OTCQX Best Market (OTCQX: STRFF), reaching institutional and retail investors through investor relations, news releases, SEDAR+ filings, and direct corporate development outreach by VP Corporate Development Connor Pugliese. Counterparties were primarily mining operators seeking non-dilutive project capital. On July 3, 2026, Summit Royalties Ltd. acquired 100% of Star via plan of arrangement under the Canada Business Corporations Act, exchanging each Star Share for 0.36 Summit Shares (28,944,162 Summit Shares in aggregate); Star Shares were subsequently delisted from TSXV on July 7, 2026, and Star applied to cease being a reporting issuer.
Star Royalties firmographics
Firmographics- Name
- Star Royalties
- Legal name
- Star Royalties Ltd.
- Website
- https://starroyalties.com
- Company type
- Public
- Founded year
- 2019
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Star Royalties Ltd. was a Toronto-based precious metals and carbon credit royalty and streaming company that provided non-dilutive capital to mining operators and commodity exposure to institutional and retail investors; it was acquired by Summit Royalties in July 2026.
- Ownership category
- akta.pro rank
Star Royalties industry classification
Industry- Product category
- Mining Royalty and Streaming
- SIC
- Mineral Royalty Traders (6795)
- akta.pro primary industry
- Precious Metals Streaming, Royalties & Offtake (IMAKAEAF)
- akta.pro secondary industry
- Real Assets — Natural Resources & Minerals (Mining, Royalties/Streaming) (FSAHAIAK)
Keywords
Where Star Royalties is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Star Royalties business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Royalty and Streaming Revenue: Star generated recurring revenue from royalty and streaming interests on mining projects. The company held a 4% gold stream on Mining Americas' Copperstone project in Arizona, providing exposure to gold production without operating mines directly.
- Carbon Credit Royalties: Star provided investors exposure to carbon credit prices through its pure-green joint venture, Green Star Royalties Ltd., focused on cleantech and decarbonization projects.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Star Royalties product offering
Product offeringCore offering
Star Royalties originated royalty and streaming transactions with mining counterparties, providing upfront capital in exchange for recurring revenue from future precious metals production. The company held interests such as a 4% gold stream on Mining Americas Inc.'s Copperstone project in Arizona. It also provided investors exposure to carbon credit prices and cleantech/decarbonization projects through its pure-green joint venture, Green Star Royalties Ltd.
Product overview
Star Royalties Ltd. is a precious metals and carbon credit royalty and streaming company that provides wealth creation by originating accretive transactions with superior alignment to both counterparties and shareholders. The company offers investors exposure to precious metals and carbon credit prices, as well as cleantech and other decarbonization projects through its pure-green joint venture, Green Star Royalties Ltd. The portfolio includes royalty and streaming interests such as a 4% gold stream on Mining Americas Inc.'s Copperstone project in Arizona. As of July 2026, Star Royalties has been acquired by Summit Royalties Ltd. through a plan of arrangement under the Canada Business Corporations Act.
Differentiator
Problem solved
Functional benefit
Products and services
- Precious Metals Royalties and Streaming Royalty and streaming financial instruments on precious metals mining projects, providing investors with exposure to gold and other precious metals prices through non-operating interests in mining production. Includes interests such as a 4% gold stream on Mining Americas Inc.'s Copperstone project in Arizona.
- Carbon Credit Royalties Royalty interests in carbon credit projects, providing investors with exposure to carbon credit prices and decarbonization initiatives through Star's pure-green joint venture Green Star Royalties Ltd.
Quantifiable outcome
- Portfolio expanded to 48 royalties and streams post-acquisition with 4 producing assets
Companies that use Star Royalties
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Star Royalties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Star Royalties partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Green Star Royalties Ltd.coreStar held approximately 46.6% equity interest in Green Star Royalties Ltd., a pure-green joint venture focused on cleantech and decarbonization projects. Green Star executed multiple buyback transactions of its shares from joint venture shareholders, with Star receiving C$3,109,616.40 for transferring 14,134,620 shares to Green Star and founding members.
- Mining Americas Inc. (formerly Minera Alamos Inc.)coreStar held a 4% gold stream on Mining Americas' Copperstone project in Arizona, providing capital in exchange for future gold production. The Copperstone project is fully permitted with a positive pre-feasibility study and formal construction decision announced.
Scale indicators5 records
Recent moves7 records
Expansion highlights3 records
Star Royalties competitors and assessment
Company assessmentDirect peers
- Vox Royalty Corp: Diversified junior royalty and streaming company with a portfolio of royalties across precious metals, base metals, and other commodities; closely comparable to Star in deal sourcing and capital-light origination.
- Gold Royalty Corp: Gold royalty and streaming company focused on acquiring royalties on gold properties in North America; comparable to Star in asset focus and target counterparty geography.
- EMX Royalty Corporation: Royalty company generating royalty revenue from a diversified portfolio across precious, base, and battery metals; adjacent comparable peer to Star's broader royalty origination approach including carbon credit exposure.
- Metalla Royalty & Streaming: Junior precious metals royalty and streaming company focused on acquiring and creating royalties on gold/silver assets; closest direct peer to Star's pre-acquisition scale and origination model.
- Franco-Nevada Corporation: World's largest gold-focused royalty and streaming company; directly comparable business model of providing upfront capital to miners in exchange for streaming/royalty interests on precious metals production.
- Wheaton Precious Metals: One of the largest precious metals streaming companies, providing upfront capital in exchange for future gold/silver production deliveries — the same core business model as Star Royalties.
- Sandstorm Gold Royalties: Gold and other metals royalty/streaming company providing capital to miners in exchange for metal streams — directly comparable to Star in deal type and customer base.
- Triple Flag Precious Metals: Precious metals streaming and royalty company that provides upfront capital to mining operators in exchange for metal streams — a direct functional peer to Star in scale and strategy.
- Osisko Gold Royalties: Mid-tier gold royalty and streaming company holding royalties, streams, and metal offtakes; closely comparable to Star in mid-market royalty/streaming positioning.
- Royal Gold: Major precious metals royalty company with a portfolio of royalty and streaming interests on gold and silver mines; directly comparable in product offering and target counterparty profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights6 records
Customer concentration
Star Royalties social profiles
Digital presenceStar Royalties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Star Royalties leadership team
Management profileNumber of profiles
Profiles4 records
Star Royalties subsidiaries and ownership
Company hierarchySubsidiaries1 record
Star Royalties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Star Royalties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Star Royalties
What does Star Royalties do?
Star Royalties originated royalty and streaming transactions with mining counterparties, providing upfront capital in exchange for recurring revenue from future precious metals production. The company held interests such as a 4% gold stream on Mining Americas Inc.'s Copperstone project in Arizona. It also provided investors exposure to carbon credit prices and cleantech/decarbonization projects through its pure-green joint venture, Green Star Royalties Ltd.
Is Star Royalties a public or private company?
Star Royalties is a public company. It is classified as corporate owned and is currently acquired.
When was Star Royalties founded?
Star Royalties was founded in 2019. It employs 1 to 10 people.
Where is Star Royalties based?
Star Royalties is headquartered in Toronto, Canada, in the North America region.
How does Star Royalties make money?
Two revenue lines are on record. Royalty and Streaming Revenue is the primary driver. The others are carbon Credit Royalties.
Who are Star Royalties's main competitors?
Direct peers on record are Vox Royalty Corp, Gold Royalty Corp, EMX Royalty Corporation, Metalla Royalty & Streaming, Franco-Nevada Corporation, Wheaton Precious Metals, Sandstorm Gold Royalties, Triple Flag Precious Metals, Osisko Gold Royalties and Royal Gold.
Does Star Royalties have an API?
No public API is recorded for Star Royalties.
What industry is Star Royalties in?
Star Royalties's product category is Mining Royalty and Streaming. Its primary akta.pro industry code is IMAKAEAF, Precious Metals Streaming, Royalties & Offtake, with a secondary code of FSAHAIAK, Real Assets — Natural Resources & Minerals (Mining, Royalties/Streaming). Its SIC code is 6795.