Workflow
Sailfish Royalty Corp.
icon
Search documents
Sailfish Announces Sale of Spring Valley and Moonlight Royalties to OR Royalties Inc. for US$168 Million; Announces a Tripling of Sailfish's Annual Dividend
TMX Newsfile· 2026-02-24 12:00
Tortola, British Virgin Islands--(Newsfile Corp. - February 24, 2026) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce that the Company has entered into a share purchase agreement on February 23, 2026 (the "Agreement") with OR Royalties Inc. ("OR Royalties") pursuant to which the Company has agreed to sell to OR Royalties (the "Transaction") all of the issued and outstanding shares (the "Purchased Shares") of Terraco Gold Corp. ("Terraco Gold"), a wh ...
OR Royalties Announces Acquisition of Additional Royalties on Spring Valley in Nevada
Globenewswire· 2026-02-24 11:59
MONTRÉAL, Feb. 24, 2026 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to announce that it has entered into a definitive agreement to acquire Terraco Gold Corp. (“Terraco”), a wholly-owned subsidiary of Sailfish Royalty Corp., which indirectly owns net smelter return (“NSR”) royalty assets (the “NSR Royalties”), largely consisting of royalties that cover Solidus Resources LLC’s (“Solidus”) Spring Valley Gold Project (“Spring Valley” or the “Project”) loca ...
Sailfish Enters into Amended Agreements with Mako Mining for Enhanced Gold Stream on Mt. Hamilton Project
TMX Newsfile· 2026-02-17 12:00
Tortola, British Virgin Islands--(Newsfile Corp. - February 17, 2026) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce that, further to its news release dated November 26, 2025 and February 10, 2026, the Company has entered into amended agreements with Mako Mining Corp. ("Mako") and Mako US Corp. ("Mako US") to restructure the consideration payable to Sailfish in connection with the disposition (the "Disposition") of all issued and outstanding member ...
Mako Mining Announces Intention to Restructure the Mt. Hamilton Acquisition Consideration and Postponement of Special Meeting of Shareholders to New Meeting Date of March 3, 2026
Accessnewswire· 2026-02-09 22:35
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / February 9, 2026 / Mako Mining Corp. ("Mako" or the "Company") (TSXV:MKO)(OTCQX:MAKOF) announces that it has postponed the Company's special meeting of shareholders (the "Special Meeting") that was originally scheduled for Tuesday, February 10, 2026. The Company and Sailfish Royalty Corp. ("Sailfish") are working to finalize a restructuring of the consideration payable for the proposed acquisition (the "Acquisition") of the Mt. ...
Olive Resource Capital Provides Update on Investments for January 2026
TMX Newsfile· 2026-02-02 12:00
Core Viewpoint - Olive Resource Capital Inc. has reported a significant increase in the value of its investment portfolio, reflecting strong performance in the commodity sector during January 2026, despite a sell-off in precious metals at the end of the month [3][4]. Investment Portfolio Summary - The total value of Olive's investment portfolio increased from $16.16 billion on December 31, 2025, to $18.04 billion on January 31, 2026, primarily due to stock price appreciation [2][3]. - Key investments include: - Omai Gold Mines Corp. increased from $3.50 million in 2025 to $4.23 million in 2026 [2]. - Arizona Sonoran Copper Co. rose from $908,200 in 2025 to $1.06 million in 2026 [2]. - Goldsky Resources Corp. saw a significant increase from $296,829 in 2025 to $648,930 in 2026 [2]. - The company also reported liquid investments and cash equivalents totaling $2.99 million as of January 31, 2026 [2]. Market Commentary - The President and CEO of Olive noted that commodities advanced broadly in January, aided by a weakening U.S. dollar, and that commodity equities performed well, often outperforming their reference commodities [3]. - The Executive Chairman highlighted that despite market volatility, Olive's investment portfolio achieved a month-over-month gain consistent with December's performance, indicating the quality of the investments [4]. Share Repurchase Activity - Olive Resource Capital repurchased 1,000,000 shares in January 2026, with 2,000,000 common shares currently held in treasury pending cancellation [4]. Company Overview - Olive Resource Capital Inc. is a resource-focused merchant bank and investment company, primarily investing in natural resource companies across various stages of development [6].
Olive Resource Capital Delivers Record Investment Performance in 2025; Provides Update on Investments for December 2025
TMX Newsfile· 2026-01-12 12:00
Core Viewpoint - Olive Resource Capital Inc. has reported significant growth in its investment portfolio and share price for the year 2025, driven by strong performance in the commodity market, particularly in gold and copper [2]. Investment Performance - The company's assets increased by 151% in 2025, with a share price rise of 240% during the same period [2]. - In December alone, assets rose by 11.2%, reflecting a strong finish to the year [2]. - Gold achieved a record gain of 65% for the full year, while copper saw a 41% increase; in contrast, oil experienced an 18% decline for the third consecutive year [2]. Investment Portfolio Overview - As of December 31, 2025, the total value of Olive's investment portfolio reached approximately $16.16 billion, up from $6.42 billion at the end of 2024 [3][10]. - Key investments include: - Omai Gold Mines: Increased from $456,720 in 2024 to $3,504,200 in 2025 [3]. - Sterling Metals Corp.: Decreased from $1,252,706 in 2024 to $1,074,043 in 2025 [3]. - Other public equity liquid investments rose from $1,417,143 in 2024 to $2,781,765 in 2025 [3]. Company Structure - Olive Resource Capital Inc. operates as a resource-focused merchant bank and investment company, primarily investing in natural resource companies at various stages of development [5]. - The company currently holds 1,000,000 common shares in treasury pending cancellation, with a total of 106,144,709 common shares outstanding [4].
Sailfish Royalty Declares Q4 2025 Dividend
Newsfile· 2025-12-10 12:00
Core Viewpoint - Sailfish Royalty Corp. has declared a quarterly cash dividend of US$0.0125 per common share for the fourth quarter of 2025, payable on July 15, 2026, to shareholders of record as of December 31, 2025 [1]. Group 1: Dividend Declaration - The dividend amount is set at US$0.0125 per common share [1]. - The payment date for the dividend is July 15, 2026 [1]. - Shareholders must be on record by the close of business on December 31, 2025, to receive the dividend [1]. Group 2: Future Dividend Policy - Future dividends will be subject to the discretion and approval of the Board of Directors [2]. - The Company will continuously review its dividend policy based on financial position, capital allocation, profitability, cash flow, and legal requirements [2]. - There are no guarantees that future dividends will be declared or paid [2]. Group 3: Company Overview - Sailfish is a precious metals royalty and streaming company with key assets in the Americas [3]. - The portfolio includes a 3% NSR on the San Albino gold mine and a 2% NSR on the surrounding area in Nicaragua, a 3% NSR on the Spring Valley gold mine project in Nevada, and a 2% NSR on the Gavilanes Silver Project in Mexico [3]. - The Company is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQB under "SROYF" [4].
Olive Resource Capital Provides Update on Investments for November 2025
Newsfile· 2025-12-08 13:00
Core Insights - Olive Resource Capital Inc. reported a strong performance in November 2025, with significant increases in the values of gold and copper, leading to positive returns in their investment portfolio [3][4] - The company achieved a 126% increase in investment performance for the year 2025, recovering from losses in October [4] Investment Portfolio Summary - The total value of Olive's investment portfolio increased from $6.42 billion on December 31, 2024, to $14.53 billion by November 30, 2025, primarily due to stock price appreciation [3] - Key investments include: - Omai Gold Mines Corp.: Value decreased from $3.38 billion in September 2025 to $3.25 billion in November 2025 [3] - Sterling Metals Corp.: Value decreased from $1.63 billion in September 2025 to $1.25 billion in November 2025 [3] - Arizona Sonoran Copper Co.: Value increased from $581.4 million in September 2025 to $748.6 million in November 2025 [3] - Troilus Gold Corporation: Value increased from $610.68 million in September 2025 to $738.84 million in November 2025 [3] - The company holds 1 million common shares in treasury pending cancellation, with a total of 106,144,709 common shares outstanding [5] Market Context - The commodity complex experienced a strong month in November, with equities outperforming the underlying commodities, despite negative sentiment in the oil sector [3] - The company anticipates strong performance in the first months of the new year, which historically aligns with positive trends in the commodity market [4] Company Overview - Olive Resource Capital Inc. is a resource-focused merchant bank and investment company, primarily investing in natural resource companies at various stages of development [6]
Olive Resource Capital Reports Record Third Quarter Investment Performance of 61.8% and Net Income of $5.2 Million
Newsfile· 2025-12-01 12:00
Core Insights - Olive Resource Capital Inc. reported a record third-quarter investment performance of 61.8% and a net income of $5.2 million for the three months ended September 30, 2025 [1][4] - The company's investment portfolio is valued at $14.35 million as of September 30, 2025, reflecting significant growth from previous periods [4][5] - The net asset value (NAV) per share increased to $0.128, marking a year-to-date increase of 113.5% [4][13] Financial Performance - For Q3 2025, Olive reported a net income of $5,170,183, equating to $0.05 per share, compared to a net loss of $147,715 for the same period in 2024 [4][9] - The total income for the nine months ended September 30, 2025, was $7,205,626, with a basic and diluted income per share of $0.07 [4][10] - The increase in income of $7,353,341 is attributed to higher unrealized and realized gains on investments compared to the same period last year [10] Investment Portfolio - The portfolio includes significant investments in various sectors, with notable increases in the value of Omai Gold Mines Corp. and Sterling Metals Corp. [3][4] - The total value of the investment portfolio has grown from $6.42 million at the end of 2024 to $14.35 million by September 30, 2025 [5][7] - The company holds 1,000,000 common shares in treasury pending cancellation, with a total of 106,144,709 common shares outstanding [8] Market Positioning - The company’s president highlighted that Olive's portfolio is well-positioned to benefit from ongoing market trends, including resource underinvestment and monetary debasement [3] - The strong performance is expected to continue as the company capitalizes on the inability of existing assets to meet demand growth forecasts [3]
Sailfish Closes Its Previously Announced Transaction to Acquire the Permitted Mt. Hamilton Gold-Silver Project in Nevada and Enters into Definitive Agreement for the Acquisition of a Five-Year Gold Stream and Subsequent 2% NSR
Newsfile· 2025-11-26 22:00
Core Viewpoint - Sailfish Royalty Corp. has successfully closed its acquisition of the permitted Mt. Hamilton Gold-Silver Project in Nevada and has entered into a definitive agreement for a five-year gold stream and a subsequent 2% net smelter royalty (NSR) [1][2] Acquisition Details - The acquisition includes a five-year gold stream where Sailfish will receive approximately 341.7 troy ounces of gold monthly at a price equal to 20% of the London Bullion Market Association PM Fix price, with a minimum of US$2,700 and a maximum of US$3,700 per ounce [3] - Sailfish has also acquired the outstanding membership interests of Mt. Hamilton LLC, which owns the property, from a third party [2] Financial Arrangements - To fund the acquisition, Sailfish has entered into a credit agreement for a USD$40 million senior secured bridge term facility with Wexford Capital LP and other guarantors [6][10] - The company will use the Wexford Loan to fund the purchase price for the acquisition and to purchase the Company Interests as a nominee for Mako US [7] Regulatory and Shareholder Approvals - The closing of the Mako Transaction is subject to customary closing conditions, including acceptance from the TSX Venture Exchange and approval from both Sailfish's and Mako's shareholders [4][9] - A special meeting of shareholders is expected to be held by February 2026 to consider the Mako Transaction, requiring a simple majority for approval [13][14] Related Party Transactions - The Mako Transaction is classified as a "related party transaction" due to common control between Mako and Sailfish, necessitating disinterested shareholder approval [9][12] - The Wexford Loan is also considered a related party transaction, but it is deemed to be on reasonable commercial terms [12] Project Status - The Mt. Hamilton Project has all major state and federal permits to begin construction for an open pit, heap leach gold-silver project, and has a current mineral resource estimate [5]