During the current period, High Peak has undergone a transformational Merger, where ASX listed Torrens Energy Limited (ASX:TEY) merged with unlisted Phoenix Oil and Gas Limited in a 100% scrip takeover bid that lead to the merger and relisting of High Peak Royalties Limited.

The accompanying capital raising has created new opportunities for the company to build on its current platform of 20 royalties, covering numerous high potential resource projects across Australia.