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Royalties Inc. Reports Q3 Results For September 30, 2025 and Success on Capstone Copper Lawsuit for 2% NSR on Cozamin Mine
Newsfile· 2025-11-28 16:53
Royalties Inc. Reports Q3 Results For September 30, 2025 and Success on Capstone Copper Lawsuit for 2% NSR on Cozamin MineNovember 28, 2025 11:53 AM EST | Source: Royalties Inc.Toronto, Ontario--(Newsfile Corp. - November 28, 2025) - Royalties Inc. (CSE: RI) (OTCID: ROYIF) (or "the Company") reports its results for the third quarter ended September 30, 2025. This news release should be read in conjunction with the Company's unaudited financial statements and the associated management's discuss ...
Mirasol Signs Definitive Agreement for the Sale of the Virginia Silver Project and Landholdings in Argentina for US$8 Million Plus 2% NSR Royalty
Globenewswire· 2025-11-24 12:00
Core Viewpoint - Mirasol Resources Ltd. has signed a definitive agreement with Ampere Metals Pty. Ltd. for the sale of mineral rights and landholdings within the Virginia Silver Project in Argentina, which is expected to provide significant funding for ongoing exploration projects while retaining a royalty for shareholders [1][2]. Summary by Sections Agreement Details - The definitive agreement allows Ampere Metals to acquire 51% of the Virginia Project for a total consideration of US$4 million, with an option to acquire the remaining 49% for an additional US$4 million. Mirasol will retain a 2% net smelter royalty [3][6]. Financial Terms - The payment structure includes an initial payment of US$50,000 upon signing the memorandum of understanding, followed by various payments totaling US$8 million over 7 years, with specific amounts due at different intervals [7][6]. Resource Estimate - The Virginia Project hosts an indicated mineral resource of 11.7 million ounces of silver at a grade of 357 g/t and an inferred mineral resource of 7.9 million ounces at a grade of 184 g/t, highlighting the project's high-grade mineralization potential [2]. Company Background - Mirasol Resources Ltd. is an exploration company with over 20 years of experience in Argentina and Chile, currently self-funding exploration at its flagship Sobek Copper-Gold project and advancing a pipeline of early and mid-stage projects [10]. Ampere Metals Overview - Ampere Metals is an Australian-based mining company focused on high-quality silver-gold projects, aiming to deliver sustainable returns through economically viable assets [11].
Royalties Inc. Receives Approval for ROYIF to Trade on the OTCID Market
Newsfile· 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]