Welcome to our dedicated page for Royalties news (Ticker: ROYIF), a resource for investors and traders seeking the latest updates and insights on Royalties stock.
Royalties Inc. (CSE: RI, OTC Pink: ROYIF) generates news across mining royalties, legal developments, financings, and music royalty investments. The company reports on its 100% interest, subject to a 1.5% net smelter royalty owned as a separate asset, in the Bilbao silver-lead-zinc-copper project in the State of Zacatecas, Mexico, and on its 88% ownership of Minera Portree de Zacatecas S.A. de C.V., which asserts a 2% net smelter royalty on five Portree mining concessions that form part of the Cozamin Mine operated by Capstone Copper Corp.
News updates frequently cover the ongoing dispute and court proceedings in Zacatecas related to the 2% NSR on the Portree claims. Royalties Inc. has reported on the filing of civil and criminal lawsuits, the submission of final arguments, and a final judgment from the Third Commercial Court of Zacatecas that declared the non-existence of a 2019 rights assignment contract and confirmed Minera Portree’s entitlement to royalty payments, with amounts to be quantified in an execution phase.
Royalties Inc. also issues news on its stake in Music Royalties Inc. (MRI), a Canadian-based private company that acquires passive music royalties and holds a portfolio of cash-flowing royalties. Releases describe dividend income from MRI, additional share acquisitions, and the role of music royalties in covering corporate overhead alongside other cash-flowing royalties.
Investors can expect coverage of non-brokered private placements, DTC eligibility for ROYIF in the United States, quarterly financial results, and conference participation such as presentations at the Planet MicroCap Showcase. This news page aggregates these developments so readers can follow Royalties Inc.’s mining royalty claims, music royalty income, capital markets activity, and legal milestones over time.
Royalties Inc (CSE: RI) (OTC Pink: ROYIF) has announced its participation in the upcoming Planet MicroCap Showcase: VEGAS 2025. The company will deliver a presentation on Wednesday, April 23, 2025, at 2:30 PM PST at the Paris Hotel & Casino in Las Vegas, NV.
The event, organized in partnership with MicroCapClub, will offer opportunities for one-on-one investor meetings. For those unable to attend in person, company presentation webcasts will be available on the conference event platform under the Agenda tab.
Royalties Inc (CSE: RI) (OTC Pink: ROYIF) has achieved DTC eligibility for its common shares in the United States. This development enables electronic clearing and settlement through the Depository Trust Company, a subsidiary of the Depository Trust & Clearing (DTCC).
The DTC eligibility is expected to enhance trading efficiency and liquidity of the company's shares in the U.S. market by streamlining the trading process and expanding access across a broader network of brokerage firms. The company views this as a significant milestone for attracting U.S. investors and plans to pursue an OTCQB listing as its next step.
Royalties Inc. (CSE: RI) has successfully completed a non-brokered private placement, raising $180,000 through the issuance of 6,000,000 shares at $0.03 per share. The funds will be allocated to cover corporate overhead in Canada, as well as property taxes and litigation expenses in Mexico for 2025.
The company expects its Bilbao silver-zinc-lead project in Mexico to gain recognition when silver prices consistently exceed US$40 per ounce. Additionally, following the appointment of a new judge in Zacatecas, Mexico, a judgment regarding the recognition of a 2% NSR on the Portree claims, part of the Capstone Copper Corp.'s Cozamin mine, is anticipated within the next few months.
Royalties Inc. has announced a non-brokered private placement to raise up to $180,000 by issuing 6,000,000 shares at $0.03 per share. The funds will be used for corporate overhead in Canada and property taxes and litigation expenses in Mexico in 2025. The company notes that its Bilbao silver-zinc-lead project in Mexico's value is expected to be recognized when silver prices exceed US$40 per ounce. With a new judge appointed in Zacatecas, Mexico, final arguments regarding a 2% NSR on the Portree claims (part of Capstone Copper Corp.'s Cozamin mine) are expected to begin in January, with a judgment anticipated in the coming months.
Royalties Inc. (CSE: RI) has successfully closed a non-brokered private placement of $105,000, issuing 3,000,000 common shares at $0.035 per share. The company's financial position is further strengthened by $135,000 in dividends from its investment in Music Royalties Inc. since October 2022 and $74,000 in revenue from four other cash-flowing royalties. These funds are allocated to cover corporate overhead and expenses related to operations in Mexico.
The company is accelerating efforts to maximize the value of its Bilbao silver-zinc-lead project in Mexico, coinciding with silver prices reaching an 11-year high of US$32 per ounce. The surge in silver prices, marking a 50% increase over the past year, along with record gold prices, has significantly boosted interest in public silver companies throughout 2024.
Royalties Inc. (CSE: RI) reported Q2 2024 results, showing progress in its three major investments. The company's music royalties generated $18,857 in Q2, a 21% increase from Q2 2023. RI received $13,125 in dividend income, up 17% year-over-year. The company is advancing strategies to monetize the Bilbao silver-zinc-lead property in Mexico, pursue a lawsuit against Capstone Gold for a 2% NSR on Cozamin mine production, and acquire cash-flowing music royalties.
For H1 2024, RI reported total income of $42,257, up 29% from the previous year. The operating loss reduced by 34% to $45,570. Total assets as of June 30, 2024, were $1,278,177. The company announced a proposed financing of up to 6 million shares at $0.035 for CAD$210,000 to address liquidity concerns.
Royalties Inc. (CSE: RI) has announced a non-brokered private placement to raise up to $210,000 by issuing 6,000,000 shares at $0.035 per share. The funds will primarily cover increased audit and tax professional fees in Canada, property taxes, and litigation expenses in Mexico. Despite generating $129,000 in dividend income from its investment in Music Royalties Inc. since October 2022, along with income from other cash-flowing royalties, the company has not yet fully covered its corporate overhead.
Royalties Inc. is actively working to maximize the value of its Bilbao silver-zinc-lead project in Mexico, taking advantage of the rising silver price environment. Additionally, court proceedings to recognize the 2% NSR on the Portree claims, which are part of the Cozamin mine, are set to resume in September.
FAQ
What is the current stock price of Royalties (ROYIF)?
What is the market cap of Royalties (ROYIF)?
