Royalties Inc. Acquires $500,000 in Shares of Music Royalties Inc.
Rhea-AI Summary
Positive
- Acquisition provides $108,000 in annual dividend income from MRI shares
- MRI has a proven track record with 65 consecutive dividend payments since 2019
- Investment in MRI offers exposure to 30 cash-flowing music royalties
- MRI demonstrates strong yield at 7.2% annually
Negative
- Significant share dilution through issuance of 12.5 million new shares
- Four-month hold period restricts immediate trading of issued securities
- Acquisition is being made at $0.50 per share with no mention of discount or premium to market value
News Market Reaction – ROYIF
In the trading session that priced this news, ROYIF gained 163.11%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - June 18, 2025) - Royalties Inc. (CSE: RI) (OTC Pink: ROYIF) (or "the Company") is pleased to announce that it has entered into an acquisition agreement for the purchase of 1 million common shares of Music Royalties Inc. ("MRI") at a price of
All securities issued pursuant to this acquisition will have a legend with a hold period of four months and one day from the date of issuance.
About Royalties Inc.
- Royalties Inc. owns a
100% interest, subject to a1.5% NSR owned as a separate asset, on the Bilbao silver-zinc-lead project located in the State of Zacatecas, Mexico. - Royalties Inc. owns
88% of the outstanding shares of Minera Portree de Zacatecas, S.A. de C.V ("MPZ") which holds an asserted claim (backed by a court approved lien) to a2% net smelter royalty established in 2002 on five mining concessions called the 'Portree claims', a portion of which is on the Mala Noche Footwall Zone, the main source of production at the Cozamin mine where Capstone Copper Corp. ("Capstone") has been mining since 2010. Capstone assigned this royalty to themselves without the knowledge, consent or proper payment to MPZ, the longstanding and rightful owner, in August 2019. MPZ filed civil and criminal lawsuits in Zacatecas in 2021 to invalidate the contract to transfer ownership and a judgment is expected imminently. The claim is challenged by Capstone (TSX:CS). https://capstonecopper.com/operations/cozamin/ - Royalties Inc. has a
2% stake in Music Royalties Inc. ("MRI"), which has acquired 30 cash-flowing catalogs and paid out over$11 million in dividends since 2019 from 30 cash-flowing catalogs generating a7.2% annual yield.
For further information contact Royalties Inc. at www.royaltiesinc.com
Tim Gallagher
CEO & Director
(416) 925‐0090
Connor Gallagher
Investor Relations
(647) 921-2206
Andrew Robertson
Director
(416) 317-0137
Neither the CSE, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release.
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of those terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to: sufficient capital and financing required in order to fulfill the Company's business plans and strategy may not be obtained as expected; that the Company will not be able to pay future dividends; and other risks related to the Company as disclosed in the documents filed on the Company's profile at SEDAR+ at www.SEDARplus.ca. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements contained in this press release and they are expressly qualified in their entirety by this cautionary statement. The forward-looking statements herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. The Company does not undertake any obligation to update publicly or revise any such forward-looking statements whether as a result of new information, future events or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256039