| Symbol | ROYIF |
|---|---|
| Name | ROYALTIES INC. |
| Sector | UNDEFINED |
| Region | North America |
| Industry | - |
| Address | M4W2Y2 Canada ON 7 Scholfield Avenue |
| Telephone | +1 416-925-0090 |
| Fax | — |
| — | |
| Website | http://www.royaltiesinc.com/ |
| Incorporation | CA |
| Incorporated On | 2007 |
| Employees | — |
| Fiscal Year | 12/31 |
| Public Since | — |
| Exchanges | OTC |
| Auditor | McGovern Hurley Cunningham, LLP; |
| Audit Status | AUDITED |
| Reporting Status | International Reporting: Canadian Securities Exchange |
| CIK | — |
| Description | Royalties Inc. is an investment company with 3 key assets in silver and royalties, including cash flow: 1) the Bilbao silver-zinc-lead project located in the State of Zacatecas, Mexico with 20 million in silver equivalent ounces, which the company intends to monetize during the silver upcycle in order to acquire cash flowing royalties. 2) owns 88% of Minera Portree de Zacatecas, S.A. de C.V (“MPZ”) which holds an asserted claim backed by a court approved judgment on June 16, 2025 to a 2% NSR 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 of 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, which has now been officially supported by the court. The claim has been valued by a local expert at $25 million based on Capstones public disclosure in 43-101 reports and their drill results on Portree. Despite the MPZ’s legal victory, the claim continues to be challenged by Capstone. 3) owns a 2.9% stake in Music Royalties Inc. (“MRI”), which has acquired 31 cash-flowing catalogs and paid out over $11 million in dividends since 2019 from 7,000 songs generating a 7.2% annual yield. Additional info from OTC: |
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