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. 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.