What Rottenstone Gold does

Rottenstone Gold Inc. (CSE: SK) is a Vancouver-based junior mining issuer that historically acquired, explored and developed mineral claims and is now repositioning into a precious metals royalty company. Its current operating asset is the district-scale Rottenstone Project, a 270,086 hectare (>667,000 acres) land package in Saskatchewan's Rottenstone Domain within a Trans-Hudson Orogenic Setting, where the company has identified four highly prospective target areas using proprietary geophysical survey data and is planning a ~2,000 metre inaugural drill program in Fall 2025/Winter 2026 following a high-resolution airborne EM survey in Summer 2025. A second exploration asset, the Five Point Project near Houston, British Columbia, targets gold and silver mineralization around a magnetic structure identified by an internal geophysical survey, and remains at the field-program planning stage. The company also owns Silver Royalties Corp. as a wholly-owned subsidiary acquired in August 2025 to evaluate silver-related opportunities.

The business model has no current revenue; capital is raised through non-brokered common share unit financings (two insider rounds in 2025 totaling CAD 155,000) and the share structure shows 27,236,400 shares outstanding with a 5,546,000 share public float and 79.64% insider ownership as of February 2025. The forward operating model depends on closing the proposed Royalty Acquisition announced December 10, 2025, under which Rottenstone would acquire NSR/GSR royalty interests on projects operated by Kinross Gold, SSR Mining, NexGold Mining, Champion Iron, Orano Canada and Cameco, paid in 93,225,807 common shares, and rebrand to Silver Royalties. The CSE has deemed the proposed transaction a Change of Control and Fundamental Change and signaled it may apply New Listing Criterion, with closing extended to March 31, 2026; the company is also evaluating potential delisting.

Customers in the traditional sense do not exist; the primary stakeholder base is public market investors reached through SEDAR+/CSE disclosures, the company website (rottenstonegold.com), corporate presentations and a mailing list, with securities trading on the Canadian Securities Exchange under symbol SK. Management is led by Chairman & CEO Ryan Kalt (former CEO of Gold Royalties Corporation, acquired by Sandstorm Gold), CFO Nicholas Koo, Director Antonio Carteri and Corporate Controller Dong Shim, supported by advisor Brian Hearst.

Name

Rottenstone Gold

Legal name

Rottenstone Gold Inc.

Website

https://rottenstonegold.com

Company type

Public

Operating status

Operating

Short description

Vancouver-based junior mining company operating the district-scale Rottenstone gold project in Saskatchewan and the Five Point project in British Columbia. It is pivoting from pure exploration toward a precious metals royalty model, acquiring NSR/GSR interests on projects operated by major mining operators including Kinross, SSR Mining and Cameco.

Ownership category

akta.pro rank

Product category

Mining Exploration & Royalty

NAICS

Gold Ore and Silver Ore Mining (21222), Gold Ore and Silver Ore Mining (212220), Mining (except Oil and Gas) (212)

SIC

Gold And Silver Ores (1040), Metal Mining (1000), Mineral Royalty Traders (6795)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industries

Silver Mining (IMAKAEAB), Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB), Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK)

Keywords

• Mineral exploration
• Gold mining
• Silver mining
• Mining royalties
• Precious metals exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Royalty Income: Rottenstone Gold plans to generate revenue through royalty interests on mining projects operated by major mining companies including Kinross Gold, SSR Mining, NexGold, Champion Iron, Orano Canada, and Cameco. The company is repositioning from mining exploration to mining royalties.
2. Equity Financing: The company raises capital through non-brokered common share unit financings. Units consist of common shares and warrants, used for working capital purposes.

Distribution channels1 record

Marketing channels4 records

Core offering

Rottenstone Gold is a junior mining exploration company that acquires, explores, and develops mineral exploration projects, primarily gold and silver mineralization in the Rottenstone Domain and British Columbia. The company is transitioning toward a mining royalty model, intending to acquire NSR/GSR royalty interests on projects operated by major mining companies (Kinross, SSR Mining, NexGold, Champion Iron, Orano, Cameco). Its core holdings include the 270,086 ha Rottenstone Project and the Five Point Project, with a ~2,000m inaugural drill program planned for Fall 2025/Winter 2026.

Product overview

Rottenstone Gold is a Vancouver-based junior mining exploration company that operates two mineral exploration projects: the district-scale Rottenstone Project (270,086 hectares) in Saskatchewan and the Five Point Project in British Columbia. The company also holds a wholly-owned subsidiary, Silver Royalties Corp., acquired in August 2025 to pursue silver royalty opportunities. Rottenstone Gold is transitioning from pure exploration toward a royalty-focused business model, with plans to acquire royalties on projects operated by major mining companies including Kinross Gold, SSR Mining, NexGold Mining, Champion Iron, Orano Canada, and Cameco.

Differentiator

Problem solved

Functional benefit

Products and services

• Rottenstone Project District-scale mineral exploration project spanning 270,086 hectares in Saskatchewan's Rottenstone Domain, focused on orogenic gold mineralization within a Trans-Hudson Orogenic Setting. The project covers a SW-NE fault-aligned assemblage with four highly prospective target areas identified through proprietary geophysical survey analysis.
• Five Point Project Mineral exploration project located near Houston, British Columbia, focused on a magnetic structure identified by a proprietary geophysical survey. The company is evaluating potential field program options to ground-truth the project area and further evaluate its potential for gold and/or silver mineralization.
• Silver Royalties Corp. Subsidiary Wholly-owned subsidiary of Rottenstone Gold Inc., acquired effective August 8, 2025, focused on evaluating and developing silver-related royalty opportunities. If the Royalty Acquisition and Change of Business are successfully completed, the Issuer intends to adopt Silver Royalties Corp. as its forward name of business.

Quantifiable outcome

• Project covers >667,000 acres, more than 3x the size of New York City
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core.

• Kinross Gold CorporationcoreStrategic or Co-development Partner · 9 December 2025Rottenstone Gold intends to acquire a 0.75% NSR royalty on approximately 570 ha of mining leases and approximately 1,241 ha of mining claims covering certain areas of the Great Bear Project in Ontario, Canada, operated by Kinross Gold Corporation.
• SSR Mining Inc.coreStrategic or Co-development Partner · 9 December 2025Rottenstone Gold intends to acquire 2% NSR (approximately 8,873 ha) and 0.5% NSR (approximately 2,832 ha) royalties on certain areas of the Seabee Gold Project in Saskatchewan, Canada, operated by SSR Mining Inc.
• NexGold Mining Corp.coreStrategic or Co-development Partner · 9 December 2025Rottenstone Gold intends to acquire 2.0% GSRs covering approximately 10,848 ha of mineral dispositions on certain areas of the Goldboro Gold Project in Nova Scotia, Canada, operated by NexGold Mining Corp.
• Champion Iron LimitedcoreStrategic or Co-development Partner · 9 December 2025Rottenstone Gold intends to acquire a 1% GSR covering approximately 3,800 ha of mineral claims on certain areas of the Bloom Lake East Iron Project in Labrador, Canada, operated by Champion Iron Limited (and/or its subsidiary, Quebec Iron Ore).
• Orano Canada Inc.coreStrategic or Co-development Partner · 9 December 2025Rottenstone Gold intends to acquire certain NSR royalty interests ranging from 1.4% to 2.0% covering approximately 49,635 ha of mineral dispositions on the Preston Uranium Project in Saskatchewan, Canada, operated by Orano Canada Inc.
• Cameco Corp.coreStrategic or Co-development Partner · 9 December 2025Rottenstone Gold intends to acquire a 1% GSR covering approximately 5,859 ha of mineral dispositions on certain areas of a Western Athabasca Basin project in Saskatchewan, Canada, operated by Cameco Corp.
• Silver Royalties Corp.coreStrategic or Co-development Partner · 8 August 2025Rottenstone Gold acquired 100% of Silver Royalties Corp. as a wholly owned subsidiary, effective August 8, 2025, with a view to evaluating silver-related opportunities and potential corporate rebranding to Silver Royalties.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Vox Royalty Corp. Small-cap royalty company focused on acquiring precious and base metal royalties. Comparable as a small-cap North American royalty peer following the same "buy royalties on producing/developing assets operated by majors" playbook Rottenstone is now executing.
• Elemental Royalties Corp. Precious metals royalty company with a portfolio of gold and silver royalties on assets in development and production. Comparable as a peer-sized royalty company pursuing a similar diversified royalty acquisition strategy.
• Sandstorm Gold Royalties: One of the largest precious metals royalty and streaming companies globally. Direct comparable because Rottenstone CEO Ryan Kalt previously sold his prior royalty company (Gold Royalties Corporation) to Sandstorm, and Sandstorm is the canonical model Rottenstone's Silver Royalties rebrand is emulating.
• Osisko Gold Royalties: Canadian mid-cap royalty company built around the former Osisko Mining assets. Comparable because it operates as a mid-tier Canadian royalty company with a similar mix of gold royalties on third-party operated mines, mirroring Rottenstone's post-pivot structure.
• Metalla Royalty & Streaming: Canadian royalty and streaming company focused on precious metals royalties on third-party operated mines. Comparable as a small-cap North American royalty peer with a similar growth-by-acquisition strategy targeting operator royalties.

Broad incumbents

• Franco-Nevada Corporation: The world's largest gold-focused royalty and streaming company with a diversified portfolio across precious metals, oil & gas, and other commodities. Broad incumbent comparable because Rottenstone's proposed pivot would make it a miniature, single-commodity version of Franco-Nevada's royalty model.
• Wheaton Precious Metals: Major precious metals streaming company with streaming agreements on gold, silver, palladium, cobalt, and other metals. Comparable as a broad incumbent whose streaming/royalty model Rottenstone is attempting to enter at a much smaller scale.

Emerging players

• Dolly Varden Silver Corporation: Canadian silver-focused exploration/development company. Comparable because Rottenstone director Antonio Carteri previously worked there and the company is repositioning toward silver exposure, making Dolly Varden a natural operational/strategic peer in the Canadian silver space.
• NexGold Mining Corp. Canadian gold developer advancing the Goldboro Gold Project in Nova Scotia, on which Rottenstone intends to acquire a 2.0% GSR royalty. Comparable because it is both a peer-class exploration/development company and an operator counterparty whose success drives Rottenstone's future royalty revenue.

Regional players

• Ramp Metals Inc. Junior exploration company operating in Saskatchewan's Rottenstone Domain with the "Rush Target" discovery. Comparable as a regional peer operating in the same geological formation that Rottenstone's Rottenstone Project targets.

Market position

Strengths4 records

Weaknesses5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rottenstone Gold