Sailfish Royalty Stock Price, News & Analysis

Sailfish Royalty Corp (SROYF) announced that Solidus Resources has received a Letter of Interest from the Export-Import Bank of the United States for potential financing of up to US$835 million for the Spring Valley Gold Project in Nevada. The funding is being considered under EXIM's Make More in America initiative and China and Transformational Exports Program.

Sailfish holds significant royalty interests in Spring Valley, including up to 3% NSR on the majority of the proposed open pit area, 1.5% NSR on a portion, and 0.5% NSR on another portion. The operator expects first gold production in 2028, with full construction permits anticipated by August 2025. The development follows gold's classification as a critical mineral in a March 2025 White House Executive order.

Sailfish Royalty Corp. (SROYF) has declared its Q2 2025 quarterly cash dividend of US$0.0125 per common share, payable on July 15, 2025, to shareholders of record as of June 30, 2025. Additionally, the company has converted outstanding convertible debentures into 4,134,013 common shares and will settle US$185,639 in accrued interest through the issuance of 124,322 shares at CDN$2.06 per share. The debentures, dated May 24, 2023, accrue interest at 10% per annum payable semi-annually.

Sailfish Royalty has exercised its option to purchase all remaining silver production from Mako Mining's San Albino mine for US$1 million. The transaction covers silver production from the mine and Mako-owned concessions as of March 1, 2023.

In a significant development for the Spring Valley Mine Project, the Bureau of Land Management (BLM) has announced key timeline targets:

• Final Environmental Impact Statement expected by July 11, 2025
• Record of Decision anticipated by August 11, 2025
• Project construction planned to begin in Q3/25

The company highlights three key points: anticipated improved silver exposure, positive construction outlook, and gold's recent classification as a critical mineral by White House Executive order (March 20, 2025). Additionally, a recent benchmark transaction of US$248 million for a 1% NSR on Silicon-Merlin provides valuable context for Sailfish's royalty holdings, which include up to 3% NSR on Spring Valley and 2% NSR on Moonlight.

Sailfish Royalty Corp (SROYF) has released its annual and Q4 2024 financial results. For the full year 2024, the company reported total revenues of $2.84 million, up from $2.33 million in 2023, with a gross profit of $1.87 million. The company earned 782 gold ounces from stream interests and generated royalty revenue of $974,644.

Notable achievements include the sale of 160,067 ounces of silver from its Silver Receivable for $4.4 million and a net income of $550,033, compared to a net loss of $1.1 million in 2023. The company maintained consistent quarterly dividends of $0.0125 per share throughout 2024 and repurchased 1,836,300 common shares.

In Q4 2024, Sailfish reported revenues of $725,712 and gross profit of $599,002, but recorded a net loss of $601,824 compared to a net income of $204,956 in Q4 2023. Gold ounces earned from stream interests decreased to 111 ounces in Q4 2024 from 243 ounces in Q4 2023.

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. (SROYF) reports on Solidus Resources' feasibility study for the Spring Valley Gold Project. The study reveals an after-tax net present value (5%) of US$1.5 billion and an after-tax internal rate of return of 36%. Solidus expects a Record of Decision in Q2/2025 with construction starting in H2/2025.

Sailfish holds multiple royalty interests in Spring Valley, including:

• Up to 3% NSR on majority of proposed open pit acres (part of total 7% NSR above $700/oz Au)
• 1.5% NSR on a portion of the proposed open pit
• 0.5% NSR on another portion of the proposed open pit

Sailfish Royalty Corp. (SROYF) announced that the Bureau of Land Management (BLM) filed the Draft Environmental Impact Statement (DEIS) for the Spring Valley Mine Project in Nevada on February 14, 2025. Comments on the DEIS must be received by April 4, 2025, with a Record of Decision expected by mid to late 2025.

The Plan of Operations, filed March 7, 2023, outlines a 13-year open pit mining project covering 698 unpatented claims and 895 mill site claims. The project expects to mine approximately 323 million tons of mineralized material, 598 million tons of waste rock, and 328 million tons of alluvium, with an average mining rate of 100 million tons per year.

Sailfish holds various royalty interests in Spring Valley, including up to a 3% NSR on the majority of the proposed open pit area, a 1.5% NSR on a portion, and a 0.5% NSR on another portion. The company expects a significant increase in cash flow once the mine enters production.