Sailfish Royalty Declares Q3 2024 Dividend
Rhea-AI Summary
Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) has declared its third quarterly cash dividend for 2024. The dividend amount is set at US$0.0125 per common share, payable on October 15, 2024 to shareholders of record as of September 30, 2024. The company's Board of Directors will continue to review the dividend policy regularly, considering factors such as financial position, capital allocation, profitability, and cash flow. Sailfish emphasizes that future dividends are subject to Board approval and may be amended or discontinued based on various factors. Investors should note that dividend payments may be subject to withholding taxes.
Positive
- Consistent quarterly dividend payment maintained
- Dividend amount of US$0.0125 per common share declared
Negative
- No guarantee of future dividend payments
- Dividend payments may be subject to withholding taxes
Tortola, British Virgin Islands--(Newsfile Corp. - September 12, 2024) - 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 third quarterly cash dividend for 2024 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.
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 statement regarding forward-looking information
Certain disclosures in this release constitute "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions. Forward-looking statements also include reference to events or conditions that will, would, may, could or should occur, including, without limitation, statements regarding the Company's dividend policy and the Company's intention to pay a quarterly dividend. In making the forward-looking statements in this news release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company's financial position will allow it to pay quarterly dividends in accordance with the dividend policy. However, the forward-looking statements in this news release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including without limitation: that a quarterly dividend will not be payable in accordance with the dividend policy or at all. 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, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
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1 https://solidus-resources.com/spring-valley-project/2021-pre-feasibility-study/
2 https://eplanning.blm.gov/eplanning-ui/project/2030469/570
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223072
FAQ
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