Mining Royalties
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Oracle Commodity Holding Clarifies Terms of Amended Coal Royalty Amendments
Newsfile· 2025-11-19 22:21
Core Viewpoint - Oracle Commodity Holding Corp. has clarified its amended net smelter return (NSR) royalty agreements with Silver Elephant Mining Corp., which were initially announced on August 29, 2025, at the request of the TSX Venture Exchange [1]. Group 1: Amended Agreement Details - Under the Amended Agreement, the coal royalty from Silver Elephant's Mongolian coal projects to Oracle Commodity Holding is set at the greater of US$2 per tonne or 3% of NSR, based on the average spot sales price of coal [2]. - The previous royalty of 5% NSR under the original agreement was calculated on an actual sales-price basis, including discounts. The Amended Agreement replaces this with a 3% NSR royalty based on the average spot price, aligning with market conventions and simplifying the pricing methodology without materially altering its economic effect [3]. Group 2: Related Party Disclosure - Silver Elephant is a control person of Oracle Commodity Holding, making the amended royalty agreements "related party transactions" under Multilateral Instrument 61-101. Oracle Commodity Holding relied on available exemptions from the formal requirements under MI 61-101 for these agreements [5]. Group 3: Company Overview - Oracle Commodity Holding Corp. is a mining royalty company that holds royalties on several precious metal and critical mineral mining projects [6].
Orogen Announces Equity Compensation Grants
Accessnewswire· 2025-11-05 23:00
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / November 5, 2025 / (TSXV:OGN)(OTCQB:OGNNF) Orogen Royalties Inc. ("Orogen" or the "Company") announces the grant of 2,000,000 incentive Stock Options to directors, officers, employees, and consultants. The grant has been authorized pursuant to the Company's Omnibus Equity Incentive Compensation Plan that was approved by shareholders June 27, 2025. ...
Oracle Commodity Holding Appoints Vice President Legal
Newsfile· 2025-10-10 19:00
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") is pleased to announce the appointment of Stephanie Lee as its Vice President Legal, effective October 10, 2025.Ms. Lee is a Canadian-qualified lawyer with eight years of experience in corporate finance, securities, and corporate governance, with a primary focus on clients in the mining and natural resources sector. She joins Oracle from private practic ...
EMX Announces Receipt of Interim Order and Filing and Delivery of Management Information Circular in Connection with its Special Meeting of Securityholders to Approve the Arrangement with Elemental Altus
Newsfile· 2025-10-02 12:00
Core Viewpoint - EMX Royalty Corporation has announced the receipt of an interim order and the filing of management information circular related to its special meeting for the arrangement with Elemental Altus Royalties Corp, with a focus on ensuring securityholders can participate in the voting process despite disruptions caused by the Canada Post strike [2][12][13]. Meeting and Arrangement Details - The special meeting for securityholders is scheduled for November 4, 2025, at 10:00 a.m. Vancouver time, where they will vote on the arrangement to approve Elemental Altus's acquisition of EMX shares at an exchange ratio of 0.2822 Elemental Altus shares for each EMX share [10][11]. - The interim order from the Supreme Court of British Columbia allows EMX to proceed with the meeting and related matters, with a final court order expected to be applied for on November 7, 2025 [12]. Communication and Voting Process - Due to the Canada Post strike, EMX has implemented alternative measures for delivering meeting materials, including online and telephone voting options, to ensure securityholders can participate without incurring costs [3][4][5][6]. - Securityholders are encouraged to vote online or by telephone, with a proxy voting deadline set for October 31, 2025, at 10:00 a.m. Vancouver time [16]. Strategic Rationale for the Arrangement - The arrangement aims to create a leading revenue-generating royalty company with combined revenue guidance of US$70 million in 2025 and analyst consensus revenue of US$80 million in 2026, highlighting strong growth visibility [13]. - The merger is expected to result in a larger, well-capitalized entity with a lower cost of capital, enhancing the ability to pursue further royalty opportunities [13]. - The boards of directors of both companies have unanimously recommended support for the arrangement, which includes a 21.5% premium based on the 20-day volume-weighted average price as of September 4, 2025 [13].
Oracle Commodity Holding Corp. Expands Financing Amid High Demand
Financial Modeling Prep· 2025-09-28 22:00
Group 1: Oracle Commodity Holding Corp. - Oracle Commodity Holding Corp. has increased its non-brokered private placement financing from 7 million to 7.5 million units due to high demand, raising potential gross proceeds from $245,000 to $262,500 [1][2] - Each unit in the offering includes one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional share at an exercise price of $0.06 for three years [1] - Company insiders are expected to subscribe for up to 1.75 million units, contributing up to $61,250 in gross proceeds, and the transaction is considered a related party transaction [2] Group 2: Financial Strategy and Use of Proceeds - The proceeds from the offering will be used for general corporate purposes and to pay for the acquisition of a 2% royalty from U.S. Fluorspar LLC over certain fluorspar projects [2] - This strategic financial move is led by CEO Anthony Garson, who is steering the company through its growth phase [2] Group 3: Oracle Corporation Financial Metrics - Oracle Corporation has a price-to-earnings (P/E) ratio of approximately 64.39, a price-to-sales ratio of about 13.47, and an enterprise value to sales ratio of around 15.08 [3] - The company's enterprise value to operating cash flow ratio is approximately 41.34, with an earnings yield of about 1.55% [4] - Oracle's debt-to-equity ratio is roughly 4.36, indicating a significant level of debt compared to its equity, and its current ratio is approximately 0.62, suggesting current assets are insufficient to cover current liabilities [4] Group 4: Market Outlook for Oracle Corporation - UBS set a price target of $364 for Oracle, indicating a potential increase of approximately 24.91% from its stock price of $291.41 at the time of the announcement [5]
Oracle Commodity Holding Announces a $245,000 Private Placement
Newsfile· 2025-09-24 12:00
Core Points - Oracle Commodity Holding Corp. plans to raise $245,000 through a non-brokered private placement by selling up to 7,000,000 units at a price of $0.035 per unit [1] - Each unit consists of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.06 for three years [1] - Company insiders will subscribe for up to 1,750,000 units, contributing up to $61,250, which is classified as a related party transaction [3] - The offering is subject to regulatory approvals and will be conducted under exemptions from prospectus requirements, with a hold period of four months and one day [4] - The net proceeds will be used for general corporate purposes, with no specific use exceeding 10% of the gross proceeds [5] Financial Details - The offering aims to raise gross proceeds of $245,000 through the sale of units priced at $0.035 each [1] - Insiders' participation in the offering will not exceed 25% of the fair market value of the company's market capitalization [3] - A finder’s fee of up to 7% will be payable in finder’s units, which will also consist of one share and a non-transferable warrant [2] Company Overview - Oracle Commodity Holding Corp. is a mining royalty company that holds royalties on several precious metal and critical mineral mining projects [6]
EMX Royalty (EMX) Earnings Call Presentation
2025-09-05 15:00
Transaction Summary - Elemental Altus and EMX are combining to create Elemental Royalty Corp, a leading revenue-driven royalty company[16] - Proforma market capitalization is approximately US$930 million, based on 6294 million shares outstanding and Elemental's closing price of C$205/share on September 4, 2025[17, 18] - Proforma 2026E consensus revenue is estimated to be around US$80 million[17] - Elemental Altus and EMX shareholders will own approximately 51% and 49% of the proforma company, respectively, following a placement to Tether[43] Portfolio and Assets - The combined portfolio includes 16 cash flowing royalties, 31 advanced development projects, and over 200 total royalties[22] - Cornerstone assets include Caserones, Karlawinda, Laverton, and Timok[19] - The company has a diversified jurisdictional exposure with 45% of the portfolio being cash generating[24] Financial Performance and Growth - The company has a track record of revenue growth, with approximately 57% of total year revenues already earned in H1 2025[27] - Karlawinda Ore Reserve Estimate increased by 15% to 1428 koz of gold[59] - Timok has generated over US$17 million in cumulative revenue since 2021[49]
Royalties Inc. Reports Q2 Results For June 30, 2025 and Update on Capstone Lawsuit
Newsfile· 2025-08-28 12:18
Financial Performance - In Q2 2025, the company generated revenue of $24,042, comprising $18,000 in dividend income from Music Royalties Inc. and $6,042 in music royalty income [3] - Operating expenses totaled $68,625, resulting in an operating loss of $44,583, compared to a loss of $39,027 in the prior year [3] - A non-cash foreign exchange gain of $156,357 led to a net income of $111,774 for the quarter, contrasting with a net loss of $46,642 in Q2 2024 [3] - For the six-month period, the company reported a net income of $78,176, compared to a loss of $87,308 in the previous year [3] Asset and Investment Update - As of June 30, 2025, total assets increased to $1.8 million from $1.25 million at the end of 2024, reflecting a $500,000 investment in Music Royalties Inc. [4] - The company completed an additional equity swap post-quarter, raising its holdings in Music Royalties Inc. to 4,000,000 shares valued at $2 million, which is expected to generate $144,000 in annual dividends [4] Legal Developments - The company achieved a significant legal victory on June 16, 2025, with a court judgment confirming its entitlement to a 2% net smelter royalty on concessions at Capstone Copper's Cozamin Mine [5] - Capstone has appealed this decision to the Supreme Court of Zacatecas, delaying the resolution [5] - The company estimates that the disputed 2% NSR could represent approximately $1.5 million per year based on production since 2019 [8][9] Strategic Focus - The company maintains a 100% interest in the Bilbao silver-zinc-lead project while exploring opportunities to monetize this project for cash-flowing royalties [10] - The chairman and CEO emphasized the importance of the legal victory and strategic investment in driving the company towards profitability and unlocking shareholder value [11]
Elemental Altus Royalties (ELEM.F) Earnings Call Presentation
2025-08-04 22:00
Financial Performance & Growth - Elemental Altus anticipates record adjusted revenue between US$30.1 million and US$34.3 million in 2025 [12] - The company projects a 50% increase in adjusted revenue from royalties, reaching US$32 million in 2025 [13, 65] - Elemental Altus has a track record of growing revenue each year since its inception [15, 65] Portfolio & Assets - The company's portfolio includes 10 producing assets and over 70 exploration and development stage royalties [12, 71] - Karlawinda and Caserones contribute approximately 40% of Elemental Altus's Asset Net Asset Value (NAV) [19] - The Karlawinda mine has seen a 15% increase in reserves since royalty acquisition [27] Capital & Valuation - Elemental Altus has over US$80 million of non-dilutive capital available for deployment from cash and an undrawn credit facility [13, 64] - The company has a US$50 million available from a credit facility with senior Canadian banks [58, 66] - The company's market capitalization is approximately US$350 million [12, 59] Strategic Initiatives - Elemental Altus acquired a 0.54% NSR royalty for US$10 million on Arizona Sonoran's Cactus mine [51] - The company received maiden revenue of US$6.6 million from the Korali-Sud royalty [13, 39] - Elemental Altus has an NCIB (Normal Course Issuer Bid) in place and available for use [13]
Royalties Inc. Acquires an Additional $500,000 in Shares of Music Royalties Inc.
Newsfile· 2025-07-30 23:31
Core Insights - Royalties Inc. has acquired an additional 1 million common shares of Music Royalties Inc. (MRI) for $500,000 at a price of $0.50 per share, increasing its total holdings in MRI to 4 million shares valued at $2 million [1] - MRI, a Toronto-based private company, specializes in acquiring passive music royalties and has a portfolio of 31 cash-flowing music royalties, generating a 7.2% annual yield and over $12 million in dividends since 2019 [1][6] - The acquisition is part of Royalties Inc.'s strategy to become cash flow positive by increasing its stake in MRI as more shares become available [1] Financial Performance - MRI has paid out over $12 million in 66 dividend payments since 2019, with an annual yield of 7.2% [1][6] - The acquisition will generate an annual dividend income of $144,000 for Royalties Inc. from its holdings in MRI [1] Future Plans - Royalties Inc. intends to acquire additional shares in MRI as they become available to enhance its cash flow position [1]