Scully Royalty Ltd. announced that Executive Chairman Michael Smith has been appointed interim Chief Executive Officer and Chief Financial Officer, replacing Samuel Morrow, who transitions to a non-executive director role with no management duties. The company will seek candidates for these executive positions while maintaining disciplined financial oversight. Scully Royalty Ltd. holds net revenues royalty interests in the Scully Iron Ore Mine in Newfoundland and Labrador, Canada, and maintains various merchant banking and industrial interests globally.

Scully Royalty Ltd. announced the engagement of EliteCPA P.C. as its new independent registered public accounting firm, effective July 14, 2026. This appointment follows the resignation of AOGB CPA Limited, which occurred on March 11, 2026. The new auditors will serve for the fiscal year ending December 31, 2025. The company intends to provide required disclosures in its upcoming Form 20-F. Scully Royalty Ltd. is a royalty company operating in the natural resources sector.

Scully Royalty Ltd. filed an amendment to its previous January 2026 filings to rescind incorrect disclosures made at the direction of MILFAM LLC. The company clarified that its Board of Directors and management remain unchanged following a July 2, 2026, judgment by the Grand Court of the Cayman Islands. Scully Royalty Ltd. is a royalty company operating in the natural resources sector.