First Eagle Global Real Assets Fund on LunR Royalties Corp.

LunR is a Canadian mining royalty and streaming company backed by the Lundin Group, with exposure to copper, gold and silver. Its portfolio includes royalties on assets such as Fruta del Norte and major South American exploration projects, allowing it to participate in production growth and resource expansion while avoiding many direct operating risks. The fund views LunR's association with the Lundin Group as an advantage in identifying and acquiring high-quality royalties and streams. It also highlights the alignment between the Lundin family and minority shareholders as supportive of long-term value creation.