SAILFISH ROYALTY CORP - SROYF STOCK NEWS

Sailfish Royalty has declared its Q3 2024 quarterly cash dividend of US$0.0125 per common share, payable on January 15, 2025, to shareholders of record as of December 31, 2024. The company will also settle US$205,000 in interest accrued through November 24, 2024, by issuing 188,593 common shares at CDN$1.52 per share to convertible debenture holders. The debentures accrue interest at 10% per annum, payable semi-annually. The share issuance to certain parties constitutes a related party transaction but is exempt from formal valuation requirements under MI 61-101.

Sailfish Royalty has released its Q3 2024 financial results, reporting total revenues of $730,024 for the quarter, up from $413,978 in Q3 2023. The company earned 215 gold ounces from stream interests and generated royalty revenue of $211,942 in Q3 2024. Despite posting a gross profit of $454,040, the company recorded a net loss of $137,648 for the quarter. The company maintained its quarterly dividend of $0.0125 per share and continued its share buyback program, repurchasing 1,586,900 shares during the first nine months of 2024.

Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) has declared its third quarterly cash dividend for 2024. The dividend amount is set at US$0.0125 per common share, payable on October 15, 2024 to shareholders of record as of September 30, 2024. The company's Board of Directors will continue to review the dividend policy regularly, considering factors such as financial position, capital allocation, profitability, and cash flow. Sailfish emphasizes that future dividends are subject to Board approval and may be amended or discontinued based on various factors. Investors should note that dividend payments may be subject to withholding taxes.

Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) reported record Q2 2024 results, with significant improvements across key financial metrics. Highlights include:

- Gold ounces earned from stream interests increased to 365 for Q2 2024 (up from 268 in Q2 2023)
- Total revenues reached $1,026,242 for Q2 2024 (up from $529,648 in Q2 2023)
- Net income of $1,141,470 for Q2 2024 (compared to a net loss of $434,676 in Q2 2023)
- Quarterly dividends of $0.0125 per share declared and paid

The company also announced engaging Renmark Financial Communications Inc. to enhance investor relations activities, with a monthly fee of up to CAD$8,000 for seven months, subject to TSX-V approval.

Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) has announced a new Normal Course Issuer Bid (NCIB) approved by the TSX Venture Exchange. The company plans to repurchase up to 3,539,756 common shares, approximately 5% of its outstanding shares, between July 22, 2024, and July 21, 2025. Purchases will be made on the open market at prevailing prices through Ventum Financial Corp. and funded from working capital.

This follows the completion of a previous NCIB where Sailfish bought back 1,825,400 shares at an average price of $1.2187 per share. The Board believes the current share price undervalues the company and that the buyback is in shareholders' best interests, potentially increasing their equity stake if repurchased shares are cancelled.

Sailfish Royalty has declared its second quarterly cash dividend for 2024, set at US$0.0125 per common share. The dividend will be payable on July 15, 2024, to shareholders on record as of June 30, 2024.

The Board retains the discretion to alter future dividends based on the company's financial status and other factors. Additionally, Sailfish has decided to settle US$205,000 in accrued interest via issuing 221,696 common shares at a price of CDN$1.267 per share to holders of convertible debentures.

This share issuance involves related party transactions with Wexford Catalyst Trading and Wexford Spectrum Trading but is exempt from certain regulatory requirements. The issuance is pending TSXV approval and the shares will be under a four-month statutory hold.

Sailfish Royalty Corp. (TSXV: FISH, OTCQX: SROYF) announced its Q1 2024 financial results. Key highlights include gold ounces earned from stream interests of 91, reflecting a decline from 360 in Q1 2023. Royalty revenue surged to $161,987, up from $0 in the same period last year. Total revenues stood at $357,955, down from $676,478 in Q1 2023. The company reported a gross profit of $248,088 compared to $366,181 a year ago. Notably, Sailfish achieved a net income of $148,034, a recovery from a net loss of $609,557 in Q1 2023. The firm repurchased and canceled 516,100 common shares and declared a quarterly dividend of $0.0125 per share. Subsequent to Q1, Sailfish received 13,500 ounces of silver, canceled 348,700 shares, and purchased 321,200 shares on the market.

Sailfish Royalty Corp. reported its annual and Q4 2023 results, showcasing positive highlights such as earnings of 1,078 gold ounces from stream interests and royalty revenue of $261,106 for the year. The company also declared a quarterly dividend of $0.0125 per common share for Q1-Q4 2023. However, there was a net loss of $1,105,864 for the year. In Q4 2023, Sailfish earned 243 gold ounces and recorded $246,445 in royalty revenue. The company achieved a gross profit of $499,999 and a net income of $204,956 for the quarter. Despite these positive results, there was an overall decrease in total revenues from 2022 to 2023.

Sailfish Royalty Corp. announces the progress made in the permitting process for the Spring Valley Mine Project in Nevada. The Company's royalty portfolio covers 100% of the proposed open pit with a 3% net smelter return royalty. The project includes various facilities and activities, with an expected 29-year lifespan employing a workforce of up to 250 employees. Sailfish holds different NSR royalties on portions of the open pit area. The Spring Valley Mine Project hosts a 2014 NI 43-101 compliant report.