Workflow
Net Smelter Royalty (NSR)
icon
Search documents
Royalties Inc. Receives Approval for ROYIF to Trade on the OTCID Market
Newsfileยท 2025-07-10 14:40
Core Points - Royalties Inc. has received approval to trade on the OTCID Market in the US, enhancing its visibility and disclosure capabilities to US investors, brokers, and regulators [1] - The company's trading symbol 'ROYIF' has positively impacted trading activity in the US, coinciding with a legal victory against Capstone Copper Corp. regarding a 2% net smelter royalty (NSR) on the 'Portree claims' [1][5] - The lawsuit victory supports Royalties Inc.'s claim to royalties established in 2002, which are linked to the Cozamin Mine's production since at least 2019 [1][5] Company Overview - Royalties Inc. owns a 100% interest in the Bilbao silver-zinc-lead project in Zacatecas, Mexico, subject to a 1.5% NSR [5] - The company holds an 88% stake in Minera Portree de Zacatecas, S.A. de C.V. (MPZ), which has a court-approved claim to a 2% NSR on five mining concessions known as the 'Portree claims' [5] - MPZ's legal actions against Capstone Copper Corp. began in 2021 to invalidate a contract that improperly transferred ownership of the royalty, which has now been supported by the court [5] Financial Performance - Royalties Inc. has a 2.9% stake in Music Royalties Inc. (MRI), which has acquired 31 cash-flowing catalogs and paid out over $11 million in dividends since 2019, generating a 7.2% annual yield [5]