TSX:ORMetals and Mining
OR Royalties (TSX:OR): Assessing Valuation After Shelf Registration Filing Signals New Funding Flexibility
OR Royalties (TSX:OR) has just filed a shelf registration, opening the door to issuing new common shares, debt securities, warrants, or units when it chooses. While there are no immediate details about planned offerings, shelf registrations like this are designed to give companies flexibility. For investors, it often raises questions about why management is seeking this optionality at this time and what ambitions or challenges might be around the corner.
This move comes at an intriguing time...