Royalties Inc Stock Price, News & Analysis

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.

Royalties Inc. reported its Q1 2024 results, highlighting progress in key investments, financial performance, and operational developments. The Company made advances in monetizing the Bilbao silver-zinc-lead property, achieving success in litigation over NSR payments, and growing music royalty income. Music royalties generated $23,400, a 36% increase over the prior year, while total dividend income rose by 20%. The Company reduced its operating loss by 59% to $16,765. Total expenses decreased 30% to $40,165. Despite these improvements, total assets declined slightly to $1,266,035 from $1,313,330 at the end of 2023. The Company holds significant mining and music royalties and awaits the outcome of ongoing litigation which could impact future revenues.

Royalties Inc. (CSE: RI) reports its 2023 yearend results with key milestones including progress on music royalties, a lawsuit against Capstone Gold S.A. de C.V., and monetizing the Bilbao silver-zinc-lead property. The company generated record dividend and royalty income, but also increased expenses leading to a higher net loss. Assets saw an increase in book value, but liquidity remains a concern with cash to settle liabilities.