STOCK TITAN

Auditor change at Versamet Royalties (VMET) backed by KPMG and PwC

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Versamet Royalties Corporation filed a foreign issuer report describing a change of its external auditor under Canadian continuous disclosure rules. The filing attaches a formal Notice of Change of Auditor addressed to KPMG LLP, PricewaterhouseCoopers LLP and multiple Canadian securities regulators.

KPMG LLP provided a letter stating it has read the company’s change of auditor notice dated May 14, 2026 and is in agreement with the statements in that notice. PricewaterhouseCoopers LLP separately confirmed in a May 15, 2026 letter that it agrees with the statements concerning PricewaterhouseCoopers LLP in the same change of auditor notice.

Positive

  • None.

Negative

  • None.
Form 6-K regulatory
"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT RULE 13a-16"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
foreign private issuer regulatory
"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Notice of Change of Auditor regulatory
"VERSAMET ROYALTIES CORPORATION (the “Company”) NOTICE OF CHANGE OF AUDITOR"
A notice of change of auditor is a formal announcement that a company is switching the independent firm that reviews and signs off on its financial reports. Investors care because the auditor is the third-party check on a company’s numbers; changing that checker can be like hiring a new doctor or inspector — it can indicate routine rotation, a desire for a fresh view, or potential disagreements about past accounting, and it can affect confidence in the reliability and continuity of financial information.
National Instrument 51-102 regulatory
"NOTICE OF CHANGE OF AUDITOR (National Instrument 51-102 – Continuous Disclosure Obligations)"
National Instrument 51-102 is a Canadian securities rule that requires public companies to regularly publish clear, standardized information about their finances and significant developments, such as quarterly and annual reports, management discussion and analysis, and notices of material changes. For investors it acts like a rule forcing businesses to keep their financial “windows” clear and up to date, making it easier to compare companies, spot risks, and make informed decisions.
Continuous Disclosure Obligations regulatory
"NOTICE OF CHANGE OF AUDITOR (National Instrument 51-102 – Continuous Disclosure Obligations)"
A legal duty for publicly traded companies to quickly share any material information about their business, finances, operations, or risks with the market so all investors have the same facts at the same time. It matters because timely, equal access to key news helps prices reflect true value, reduces the chance of sudden surprises, and protects investors from unfair advantage—like keeping a public scoreboard updated so everyone sees the current score.
Chartered Professional Accountants financial
"KPMG LLP, Chartered Professional Accountants (“KPMG”)"
Chartered professional accountants are licensed finance professionals who prepare, check and certify a company’s financial records, taxes and reporting. Like trusted mechanics for a car, they inspect and validate the numbers so investors can rely on financial statements, spot risks or irregularities, and compare companies more confidently. Their work affects investor decisions because accurate, independently reviewed accounts reduce uncertainty about a business’s performance and financial health.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2026

 

Commission File Number 001-43171

Versamet Royalties Corporation

(Translation of registrant’s name into English)

 

Suite 3200, 733 Seymour Street, Vancouver, British Columbia, V6B 0S6, Canada

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F  x Form 40-F  ¨

 

 

 

 

 

 

SUBMITTED HEREWITH

 

EXHIBIT

 

99.1Notice of Change of Auditor dated May 19, 2026.
  
99.2Letter from KPMG LLP dated May 15, 2026.
  
99.3Letter from PricewaterhouseCoopers LLP dated May 15, 2026.

 

 

- 2 -

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Versamet Royalties Corporation  
   
/s/ Victoria McMillan  
Victoria McMillan  
Chief Financial Officer  
Date: May 19, 2026  

 

 

 

 

 

Exhibit 99.1

 

VERSAMET ROYALTIES CORPORATION 

(the “Company”)

 

NOTICE OF CHANGE OF AUDITOR 

(National Instrument 51-102 – Continuous Disclosure Obligations)

 

TO: KPMG LLP, Chartered Professional Accountants (“KPMG”)
   
AND TO: PricewaterhouseCoopers LLP (“PwC”)
   
AND TO: British Columbia Securities Commission, as principal regulator 
  Alberta Securities Commission 
  Financial and Consumer Affairs Authority of Saskatchewan 
  Manitoba Securities Commission 
  Ontario Securities Commission 
  Autorité des marchés financiers (Québec) 
  Financial and Consumer Services Commission (New Brunswick) 
  Nova Scotia Securities Commission  
  Financial and Consumer Services Division (Prince Edward Island) 
  Office of the Superintendent of Securities Service Newfoundland and Labrador  
  Office of the Superintendent of Securities, Yukon 
  Office of the Superintendent of Securities, Northwest Territories
  Office of the Superintendent of Securities, Nunavut

 

RE:Notice Regarding Change of Auditor Pursuant to Section 4.11 of National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”)

 

The Company hereby gives notice pursuant to Section 4.11 of NI 51-102 as follows:

 

1.Effective May 15, 2026 (the “Effective Date”), KPMG has resigned as the auditor of the Company at the Company’s request.

 

2.PwC has been appointed as auditor of the Company to fill the vacancy, to hold office commencing on the Effective Date until the close of the next annual meeting of shareholders of the Company.

 

3.The resignation of KPMG and appointment of PwC were considered and approved by the Company's audit committee and board of directors.

 

4.There have been no modified opinions in the reports from KPMG on the Company’s financial statements relating to the “relevant period” (as that term is defined in Section 4.11 of NI 51-102).

 

5.In the opinion of the Company, as at the date hereof, there have been no “reportable events” (as that term is defined in Section 4.11 of NI 51-102).

 

Dated at Vancouver, British Columbia, this 19th day of May, 2026.

 

VERSAMET ROYALTIES CORPORATION  
   
Per: (signed) “Victoria McMillan”  
  Victoria McMillan  
  Chief Financial Officer  

 

 

 

 

 

Exhibit 99.2

 

 

KPMG LLP

777 Dunsmuir Street

Vancouver, BC V7Y 1K3 

Canada

Tel 604-691-3000 

Fax 604-691-3031 

www.kpmg.ca

 

To:British Columbia Securities Commission, as principal regulator
Alberta Securities Commission

Financial and Consumer Affairs Authority of Saskatchewan
Manitoba Securities Commission 

Ontario Securities Commission 

Autorité des marchés financiers (Québec) 

Financial and Consumer Services Commission (New Brunswick)
Nova Scotia Securities Commission 

Financial and Consumer Services Division (Prince Edward Island) 

Office of the Superintendent of Securities Service Newfoundland and Labrador
Office of the Superintendent of Securities, Yukon 

Office of the Superintendent of Securities, Northwest Territories
Office of the Superintendent of Securities, Nunavut

 

May 15, 2026

 

Re: Versamet Royalties Corporation (the “Company”) - Notice of change of Auditor

 

We have read the Notice of Change in Auditor submitted to KPMG LLP by Versamet Royalties Corporation dated May 14, 2026 (the “Notice”) and are in agreement with the statements contained in the Notice.

 

Yours very truly,  
   
/s/ KPMG LLP   
Chartered Professional Accountants  

 

KPMG LLP, an Ontario limited liability partnership and member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. KPMG Canada provides services to KPMG LLP.

 

 

 

 

 

Exhibit 99.3

 

 

 

May 15, 2026

 

To: 

British Columbia Securities Commission 

Alberta Securities Commission 

Financial and Consumer Affairs Authority of Saskatchewan 

Manitoba Securities Commission 

Ontario Securities Commission 

Autorité des marchés financiers (Québec) 

Financial and Consumer Services Commission (New Brunswick) 

Nova Scotia Securities Commission 

Office of the Superintendent of Securities Service Newfoundland and Labrador 

Financial and Consumer Services Division (Prince Edward Island) 

Office of the Superintendent of Securities (Northwest Territories) 

Office of the Yukon Superintendent of Securities 

Office of the Superintendent of Securities Nunavut

 

We have read the statements made by Versamet Royalties Corporation in the attached copy of change of auditor notice dated May 14, 2026, which we understand will be filed pursuant to Section 4.11 of National Instrument 51-102.

 

We agree with the statements concerning PricewaterhouseCoopers LLP in the change of auditor notice dated May 14, 2026.

 

Yours truly,

 

/s/PricewaterhouseCoopers LLP

 

Chartered Professional Accountants

  PricewaterhouseCoopers LLP
  PwC Place, 250 Howe Street, Suite 1400
Vancouver, British Columbia, Canada V6C 3S7
T.: +1 604 806 7000, F.: +1 604 806 7806
  Fax to mail: ca_vancouver_main_fax@pwc.com
   
www.pwc.com/ca “PwC” refers to PricewaterhouseCoopers LLP, an Ontario limited liability partnership.

 

 

 

 

FAQ

What did Versamet Royalties Corporation (VMET) disclose in this 6-K filing?

Versamet Royalties Corporation disclosed a change of auditor in a foreign issuer report, attaching a formal Notice of Change of Auditor and related letters from KPMG LLP and PricewaterhouseCoopers LLP confirming agreement with statements concerning them.

Which audit firms are involved in Versamet Royalties Corporation’s change of auditor?

The change of auditor involves KPMG LLP and PricewaterhouseCoopers LLP. The company’s notice is addressed to both firms, and each provided a separate confirmation letter agreeing with the statements about it in the change of auditor notice.

How did KPMG LLP respond to Versamet Royalties Corporation’s change of auditor notice?

KPMG LLP stated it read Versamet Royalties Corporation’s Notice of Change of Auditor dated May 14, 2026 and is in agreement with the statements contained in that notice. This confirmation was provided in a signed letter dated May 15, 2026.

What was PricewaterhouseCoopers LLP’s response in the Versamet Royalties (VMET) auditor change?

PricewaterhouseCoopers LLP confirmed it read the company’s change of auditor notice dated May 14, 2026 and agreed with the statements concerning PricewaterhouseCoopers LLP. This confirmation was delivered in a May 15, 2026 letter to Canadian securities regulators.

Which regulators received Versamet Royalties Corporation’s change of auditor notice?

The notice was sent to the British Columbia Securities Commission as principal regulator and to other Canadian securities authorities, including those in Alberta, Saskatchewan, Manitoba, Ontario, Québec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Northwest Territories, and Nunavut.

Under which Canadian rule was Versamet Royalties’ change of auditor filed?

The change of auditor was filed under Section 4.11 of National Instrument 51-102 – Continuous Disclosure Obligations. This rule governs how reporting issuers must disclose significant changes such as replacing their external audit firm to securities regulators.

Filing Exhibits & Attachments

3 documents