Star Royalties Reports Q3 2025 Financial Results

Core Insights - Star Royalties Ltd. reported a significant decrease in revenue for Q3 2025, with revenue of $40,104 compared to $125,450 in Q3 2024, while net loss improved to $(5,429) from $(1,330,714) year-over-year [1][3] Financial Performance - Revenue for Q3 2025 was $40,104, down from $125,450 in Q3 2024 [1] - Net loss for Q3 2025 was $(5,429), an improvement from $(1,330,714) in the same quarter last year [1] - Basic and diluted loss per share remained at $(0.00) compared to $(0.02) in Q3 2024 [1] - Cash flow used in operating activities was $(220,761), slightly higher than $(213,935) in Q3 2024 [1] - Cash flow from investing activities was $334,984, with no cash flow from financing activities reported [1] Mining Portfolio Updates - The Copperstone Gold Project is a key investment, with production expected to restart in late 2026, and anticipated annual gold production exceeding 50,000 oz [6][12] - Keysbrook Mine's revenue decreased due to an intentional operational slowdown, with royalty income of $40,105 compared to $125,450 in the previous year [13] - Elk Gold's sale process is ongoing, with a resolution expected by early 2026, which may impact the valuation of Star Royalties' mining royalty interest [14][17] Strategic Developments - Minera Alamos is focused on the Copperstone project, with permitting expected to be completed by year-end 2025 and a Phase 1 drilling program planned for early 2026 [3][6] - The acquisition of Calibre USA Holdings Ltd. by Minera Alamos is expected to enhance its asset base, potentially allowing for over 175,000 oz of gold production annually [9][10] - Green Star Royalties has sold all issued carbon offsets, with future demand anticipated from long-term agreements with energy producers [5][19]