Royalty Management has placed additional environmental surety bonds within its operator network, enabling the Company to receive attractive bonding premiums and fees as part of its negotiated agreements with RMCO‘s approved operators of its surety business. Additionally, the Company is also evaluating potential additional accretive acquisitions of both environmental surety businesses and certain high-quality portfolios of existing surety bonds in the domestic marketplace. RMCO currently places environmental surety bonds that generate the potential for steady, recurring cash flows to the Company. The Company is seeking expansion into the regulated market of environmental surety bonds, whereby RMCO can maximize value and seek accretive opportunities for its shareholders, whereby the Company can utilize its network of environmental stewards to ensure that any associated bonds are properly protected and remediated, while also ensuring the that the return profile matches the risk profile of each underlying transaction and operation.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RMCO:
