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Royalties Inc. - $XRESF STOCK NEWS

Welcome to our dedicated page for Royalties news (Ticker: $XRESF), a resource for investors and traders seeking the latest updates and insights on Royalties stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Royalties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Royalties's position in the market.

Rhea-AI Summary
Royalties Inc. (CSE: RI) reports Q3 2023 results, including acquisitions of music royalties generating significant income, a loss primarily due to audit fees, tax return filings, and Mexico expenses, and a decrease in total assets compared to the previous year.
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Royalties Inc. completes its 5th cash flowing music royalty acquisition, investing US$130,000 for a catalog that generated US$44,000 in royalty income last year. The company now has pro-forma annual royalty income of CAD$150,000 from five investments. RI also owns two mining royalties with potential optionality.
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Royalties Inc.

OTC:XRESF

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