Sailfish Royalty Declares Q1 2025 Dividend and Announces Dividend Reinvestment Plan
Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) has declared its first quarterly cash dividend for 2025 of US$0.0125 per common share, payable on April 15, 2025 to shareholders of record as of March 31, 2025.
The company has also implemented a Dividend Reinvestment Plan (DRIP) allowing Canadian and Non-US shareholders to automatically reinvest cash dividends into additional common shares. Participation in the DRIP is optional and won't affect shareholders' cash dividends unless they elect to participate.
Participants will acquire shares from treasury at a price equal to the volume weighted average price on the TSX Venture Exchange for the five consecutive trading days preceding a dividend payment date. The total number of shares reserved under the DRIP is 7,093,396, representing 10% of Sailfish's current issued and outstanding share capital.
To participate, registered shareholders must deliver a completed enrollment form to Computershare Trust Company by the applicable deadline.
Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) ha dichiarato il suo primo dividendo in contante trimestrale per il 2025 di US$0,0125 per azione comune, pagabile il 15 aprile 2025 agli azionisti registrati al 31 marzo 2025.
La società ha anche implementato un Piano di Reinvestimento dei Dividendi (DRIP) che consente agli azionisti canadesi e non statunitensi di reinvestire automaticamente i dividendi in contante in ulteriori azioni comuni. La partecipazione al DRIP è facoltativa e non influenzerà i dividendi in contante degli azionisti a meno che non scelgano di partecipare.
I partecipanti acquisteranno azioni dal tesoro a un prezzo pari al prezzo medio ponderato per volume sulla Borsa di Toronto Venture per i cinque giorni di contrattazione consecutivi precedenti la data di pagamento del dividendo. Il numero totale di azioni riservate sotto il DRIP è di 7.093.396, che rappresenta il 10% del capitale sociale attualmente emesso e in circolazione di Sailfish.
Per partecipare, gli azionisti registrati devono inviare un modulo di iscrizione completato a Computershare Trust Company entro la scadenza prevista.
Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) ha declarado su primer dividendo en efectivo trimestral para 2025 de US$0,0125 por acción común, pagadero el 15 de abril de 2025 a los accionistas registrados al 31 de marzo de 2025.
La compañía también ha implementado un Plan de Reinversión de Dividendos (DRIP) que permite a los accionistas canadienses y no estadounidenses reinvertir automáticamente los dividendos en efectivo en acciones comunes adicionales. La participación en el DRIP es opcional y no afectará los dividendos en efectivo de los accionistas a menos que elijan participar.
Los participantes adquirirán acciones del tesoro a un precio igual al precio promedio ponderado por volumen en la Bolsa de Valores de Toronto Venture durante los cinco días de negociación consecutivos anteriores a la fecha de pago del dividendo. El número total de acciones reservadas bajo el DRIP es de 7.093.396, lo que representa el 10% del capital social actualmente emitido y en circulación de Sailfish.
Para participar, los accionistas registrados deben entregar un formulario de inscripción completado a Computershare Trust Company antes de la fecha límite correspondiente.
Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF)는 2025년 첫 분기 현금 배당금을 주당 US$0.0125로 선언하였으며, 2025년 4월 15일에 2025년 3월 31일 기준 주주에게 지급될 예정입니다.
회사는 또한 캐나다 및 비미국 주주가 현금 배당금을 추가 보통주에 자동으로 재투자할 수 있는 배당금 재투자 계획(DRIP)을 시행하였습니다. DRIP 참여는 선택 사항이며, 참여하지 않으면 주주의 현금 배당금에 영향을 미치지 않습니다.
참여자는 배당금 지급일 이전 5일 연속 거래일 동안 토론토 벤처 거래소의 거래량 가중 평균 가격과 동일한 가격으로 재무부에서 주식을 구매하게 됩니다. DRIP에 예약된 총 주식 수는 7,093,396주로, Sailfish의 현재 발행 및 유통 주식 자본의 10%를 차지합니다.
참여하기 위해서는 등록된 주주가 해당 마감일까지 Computershare Trust Company에 작성된 등록 양식을 제출해야 합니다.
Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) a déclaré son premier dividende en espèces trimestriel pour 2025 de 0,0125 USD par action ordinaire, payable le 15 avril 2025 aux actionnaires enregistrés au 31 mars 2025.
L'entreprise a également mis en place un Plan de Réinvestissement des Dividendes (DRIP) permettant aux actionnaires canadiens et non américains de réinvestir automatiquement les dividendes en espèces dans des actions ordinaires supplémentaires. La participation au DRIP est facultative et n'affectera pas les dividendes en espèces des actionnaires, sauf s'ils choisissent de participer.
Les participants acquerront des actions du trésor à un prix égal au prix moyen pondéré par le volume sur la Bourse de Toronto Venture pour les cinq jours de négociation consécutifs précédant la date de paiement du dividende. Le nombre total d'actions réservées dans le cadre du DRIP est de 7 093 396, représentant 10 % du capital social actuellement émis et en circulation de Sailfish.
Pour participer, les actionnaires enregistrés doivent soumettre un formulaire d'inscription complété à Computershare Trust Company avant la date limite applicable.
Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) hat seine erste vierteljährliche Bardividende für 2025 in Höhe von US$0,0125 pro Stammaktie erklärt, die am 15. April 2025 an die zum 31. März 2025 registrierten Aktionäre ausgezahlt wird.
Das Unternehmen hat außerdem einen Dividenden-Reinvestitionsplan (DRIP) eingeführt, der kanadischen und nicht-US-amerikanischen Aktionären ermöglicht, Bardividenden automatisch in zusätzliche Stammaktien zu reinvestieren. Die Teilnahme am DRIP ist optional und hat keinen Einfluss auf die Bardividenden der Aktionäre, es sei denn, sie entscheiden sich zur Teilnahme.
Teilnehmer erwerben Aktien aus dem Treasury zu einem Preis, der dem volumengewichteten Durchschnittspreis an der TSX Venture Exchange für die fünf aufeinanderfolgenden Handelstage vor dem Dividendenzahlungstermin entspricht. Die insgesamt für den DRIP reservierten Aktien belaufen sich auf 7.093.396 und stellen 10 % des derzeit ausgegebenen und im Umlauf befindlichen Aktienkapitals von Sailfish dar.
Um teilzunehmen, müssen registrierte Aktionäre ein ausgefülltes Anmeldeformular bis zur entsprechenden Frist an die Computershare Trust Company übermitteln.
- Quarterly dividend of US$0.0125 per share declared for Q1 2025
- Implementation of Dividend Reinvestment Plan (DRIP) provides shareholders additional investment options
- 10% of current share capital (7,093,396 shares) reserved for DRIP implementation
- Future dividends subject to Board discretion with no guarantees of continuation
- DRIP to Canadian and Non-US shareholders only
- Potential tax implications for shareholders participating in DRIP
Tortola, British Virgin Islands--(Newsfile Corp. - February 25, 2025) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "Company" or "Sailfish") is pleased to announce that its Board of Directors has declared the Company's first quarterly cash dividend for 2025 in the amount of US
The declaration, timing, amount, and payment of future dividends will be subject to the discretion and approval of the Board of Directors. The Company will review the dividend policy on an ongoing basis and may amend it at any time depending on the Company's then current financial position, capital allocation framework, profitability, cash flow, legal requirements and other factors considered relevant. As such, no assurances can be made that any future dividends will be declared and/or paid. Dividend payments may be subject to withholding taxes.
The Company is also pleased to announce that it has implemented a Dividend Reinvestment Plan (the "DRIP").
The DRIP will provide Canadian and Non-US Sailfish shareholders with the opportunity to have the cash dividends declared on all or some of their common shares automatically reinvested into additional common shares of the Company (the "Reinvestment Shares") on an ongoing basis. Participation in the DRIP is optional and will not affect shareholders' cash dividends unless they elect to participate in the DRIP. Dividends are only payable as and when declared by the Company's Board of Directors. The total number of shares currently reserved under the DRIP for issuance is 7,093,396, being
Participants in the DRIP will acquire Reinvestment Shares issued from the Company's treasury (a "Treasury Purchase") at a price equal to the volume weighted average price of the Company's common shares on the TSX Venture Exchange for the five (5) consecutive trading days immediately preceding a dividend payment date (the "Average Market Price").
To participate in the DRIP, registered shareholders must deliver a properly completed enrollment form to Computershare Trust Company of Canada (the "Agent") by no later than 4:00 p.m. (Vancouver time) on the fifth business day before a dividend record date. Beneficial shareholders who wish to participate in the DRIP should contact their financial advisor, broker, investment dealer, bank, financial institution or other intermediary through which they hold common shares to inquire about the applicable requirements, enrolment deadline and to request enrolment in the DRIP. The Company will be responsible for the administrative costs of the DRIP, including the fees or other expenses of the Agent payable in connection with the acquisition of Reinvestment Shares under the DRIP. Beneficial shareholders who wish to participate in the DRIP through their financial advisor, broker, investment dealer, bank, financial institution or other intermediary should consult that intermediary to confirm what fees, if any, the nominee may charge to enroll in the DRIP on their behalf or whether the nominee's policies might result in any costs otherwise becoming payable by the beneficial shareholder.
Participation in the DRIP does not relieve shareholders of any liability for taxes that may be payable in respect of dividends that are reinvested in Reinvestment Shares. Shareholders should consult their tax advisors concerning the tax implications of their participation in the DRIP having regard to their particular circumstances.
Certain insiders of Sailfish are expected to participate in the DRIP; however, the specific amount is unknown at this time.
This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.
The foregoing is a summary of the key attributes of the DRIP. A complete copy of the DRIP and the enrollment form will be available on the Agent's website at www.investorcentre.com. Shareholders should carefully read the complete text of the DRIP before making any decisions regarding their participation in the DRIP. For more information on how to enroll for registered shareholders or any other inquiries, contact the Agent at +1 (800) 564-6253 (Canada) or +1 (514) 982-7555 (outside of North America) or through the Agent's website at www.investorcentre.com/service.
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are three main assets in the Americas: a gold stream equivalent to a
Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF". Please visit the Company's website at www.sailfishroyalty.com for additional information.
For further information: Paolo Lostritto, CEO, tel. 416-602-2645 or Akiba Leisman, Executive Chairman of the Board, tel. 203-862-7059.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Notes Regarding Forward-Looking Statements:
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, are forward looking statements, including statements regarding the expectation that that the Company will declare dividends that the shareholders can choose to use to participate in the DRIP, and any anticipated future participation in the DRIP. Forward-Looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including that the Company will declare dividends that the shareholders can choose to use to participate in the DRIP, that certain insiders will participate in the DRIP as expected by management. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation that Company will not declare any dividends, the DRIP will not be adopted by the Company and certain insiders will not participate in the DRIP as expected by management or at all. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement or forward-looking information contained herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242205
FAQ
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