BUZZ-Scully Royalty ends higher after MILFAM seeks board overhaul

Reuters

Nov 29, 2025

BUZZ-<a href="https://laohu8.com/S/SRL">Scully Royalty</a> ends higher after MILFAM seeks board overhaul

** Shares of iron ore royalty company Scully Royalty SRL.N closed up 20% at $6.73

** Family investment firm MILFAM late Wednesday unveiled plans to seek a board overhaul at SRL

** MILFAM plans to nominate five directors to SRL's board at December 27 annual general meeting, according to the SEC filing

** It is nominating Jerrod Freund, Mark Holliday, Alan Howe, Nimesh Patel, and Skyler Wichers for election to SRL board

** Also engaging in preliminary discussions with other shareholders of SRL regarding its proposal to remove existing board members

** MILFAM holds 13.2% stake in SRL, making it the third-biggest shareholder, according to data compiled by LSEG

** As of last close, SRL down 27.3% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))

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overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-29 02:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-<a href=\"https://laohu8.com/S/SRL\">Scully Royalty</a> ends higher after MILFAM seeks board overhaul</title></head><body><p>** Shares of iron ore royalty company Scully Royalty <span>SRL.N</span> closed up 20% at $6.73</p><p>** <span>Family investment firm MILFAM </span>late Wednesday unveiled plans to seek a board overhaul at SRL</p><p>** MILFAM plans to nominate five directors to SRL's board at December 27 annual general meeting, according to the SEC filing</p><p>** It is nominating Jerrod Freund, 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board overhaul** Shares of iron ore royalty company Scully Royalty SRL.N closed up 20% at $6.73** Family investment firm MILFAM late Wednesday unveiled plans to seek a board overhaul at SRL** MILFAM plans to nominate five directors to SRL's board at December 27 annual general meeting, according to the SEC filing** It is nominating Jerrod Freund, Mark Holliday, Alan Howe, Nimesh Patel, and Skyler Wichers for election to SRL board ** Also engaging in preliminary discussions with other shareholders of SRL regarding its proposal to remove existing board members ** MILFAM holds 13.2% stake in SRL, making it the third-biggest shareholder, according to data compiled by LSEG** As of last close, SRL down 27.3% YTD(Reporting by Pragyan Kalita in 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