Further to the announcement on 10 May 2023 of a Q3 2023 interim dividend of 2.125c per ordinary share, the equivalent of this interim dividend, in Sterling is 1.66536 pence per share and in Canadian Dollars is 2.8424 Canadian cents per share based on exchange rates of US$1=£0.7837 and US$1=C$1.3376.

The US$:£/C$ conversion rates were determined by the prevailing rates on Friday 12 January 2024, being the record date for this interim dividend.

The payment date of the Q3 2023 interim dividend is Wednesday 14 February 2024.

Altius Reports Q4 2023 and Full Year 2023 Expected Attributable Royalty Revenue(

https://www.businesswire.com/news/home/20240123277947/en/

https://mjgcapital.com/wp-content/uploads/2024/01/January-2024-3.pdf

PrairieSky Announces Fourth Quarter And Year-End Results For 2023, Including Record Oil Royalty Production, Strong Leasing Activity And Increased Annual Dividend

PrairieSky Announces Fourth Quarter And Year-End Results For 2023, Including Record Oil Royalty Production, Strong Leasing Activity And Increased Annual Dividend, by @GlobeNewswire

CALGARY, Alberta, Feb. 12, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to…

ceo.ca

SOURCE ROCK ROYALTIES DECLARES MONTHLY DIVIDEND, by @newswire

/Not for distribution to U.S. news wire services or dissemination in the U.S./

ceo.ca

Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR) (TSXV: SRR.WT), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.006 per common share, payable in cash on March 15, 2024 to shareholders of record on February 29, 2024.

Freehold Royalties Ltd. Declares Dividend for February 2024, by @GlobeNewswire

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a…

ceo.ca

Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on March 15, 2024 to shareholders of record on February 29, 2024.

https://www.businesswire.com/news/home/20240227439081/en/

Sitio Royalties Reports Fourth Quarter and Full Year 2023 Operational and Financial Results, Recent Developments, and Provides Full Year 2024 Guidance

Announces Definitive Agreement to Acquire 13,062 NRAS in the DJ Basin for $150 Million⁽¹⁾

Announces $200 Million Share Repurchase Program and Updated Return of Capital Framework

Closed on Previously Announced Sale of Anadarko and Appalachia Assets for $114 Million

Declared $0.51 Dividend Per Share of Class A Common Stock for Fourth Quarter 2023

Issues Full Year 2024 Financial and Operational Guidance, With Pro Forma Production Range of 35,000 – 38,000 Boe/d (49% – 51% Oil)⁽²⁾

Source Rock verdient viel mehr Beachtung.

Anhand des Interviews, der Beteiligung des CEO (5 % zum regulären Ausgabepreis der Aktien, somit aktuell leicht im Minus) und des Dividenden Track Records, wird klar, dass man hier mit stetig steigenden Dividenden rechnen kann.

Es geht um die heutige Meldung, eine verbesserte Metallurgie des b]Fe-Vanadium-Projektes Mont Sorcier [/b] in Quebec .

Cerrado Gold Confirms Ability to Produce 67% High Purity, Direct Reduction Iron Grade Concentrates at Mont Sorcier Iron Ore Project in Quebec

Metallurgical test work confirms DRI grade iron concentrate with combined Silica and Alumina below 2.5% (All numbers reported in US dollars) TORON...

www.juniorminingnetwork.com

Das Projekt hat bereits zahlreiche Unterstützer , u.a. Glencore u. Banken, hier die eigene Webseite https://montsorcierproject.com/

Die 1 % GMR Royalty auf zukünftige Fe-Produktion (Mont Sorcier ist übrigens im Eigentum von Cerrado Gold, CERT.V) ist ein gut gehütetes Geheimjuwel in der großen Schatzkiste von Globex, GMX.T . Aber auch von Chibougamau, CBG.V (2 % GMR auf Fe) und Electric Royalties, ELEC.V (1 % GMR auf Va).

Die 1 % beziehen sich auf den Fe-Anteil , das wären bei jetzigen Preisen, zw.5-6 Mio CAD pro Jahr.

Zur besseren Einordnung diesen Artikel:

"Revolutionizing Steel Production with High Purity Iron Concentrates

The conducted tests, led by Soutex Inc. and SGS Canada, demonstrated the Mont Sorcier project's potential to produce iron concentrate grading 67% iron with low levels of Silica and Alumina. This achievement not only meets but exceeds the requirements for being classified as a DRI grade product. The significance of this development lies in its contribution to the reduction of greenhouse gas emissions in steel production, offering a sustainable alternative to traditional methods.

With the increasing global demand for Green Steel, the ability to produce such high-grade iron concentrates positions Mont Sorcier favorably in the market. The project's aim to support energy transition through the development of critical and strategic minerals is in line with the Quebec Government's aspirations, highlighting its potential to significantly reduce global emissions.

Optimizing Production and Enhancing Project Economics

The metallurgical test work program was meticulously designed to evaluate alternative processing flowsheets to maximize the project's value. Through various stages, including magnetic separation and hydroseparation, the tests successfully produced a concentrate grading 65% Iron with a 75% iron recovery rate. Further testing achieved a 67% iron concentrate with combined silica and alumina grades below 2.3%, marking a significant step forward in the quest for higher purity concentrates.

CEO and Chairman Mark Brennan expressed satisfaction with the test results, emphasizing the potential demand for Mont Sorcier's concentrates in aiding the global steel markets' shift towards emission reduction. The ongoing focus on flowsheet and grind size optimization is expected to enhance the project's production profile and economics, ensuring its competitiveness and sustainability.

Looking Towards a Greener Future

The Mont Sorcier project stands at the forefront of the industry's transition to more environmentally friendly practices. By producing high-grade, low-impurity iron concentrates, Cerrado Gold Inc. is not only poised to meet the growing demand for Green Steel but also to contribute to the decarbonization of the steel production process. The project's success could serve as a model for other mining ventures, highlighting the importance of innovation and sustainability in meeting the challenges of the 21st century.

As the global community continues to prioritize environmental concerns and emission reductions, projects like Mont Sorcier play a crucial role in shaping the future of industrial practices. Cerrado Gold Inc.'s achievements underscore the potential for mining and metallurgy to evolve in harmony with ecological goals, promising a brighter, greener future for all.

Cerrado Gold's Mont Sorcier Project Hits Milestone: Confirms Production of 67% High Purity DRI Grade Iron Concentrates

Discover how Cerrado Gold Inc.'s Mont Sorcier project revolutionizes steel production with High Purity DRI Grade iron concentrates, promising a sustainable…

bnnbreaking.com

TOPAZ CONTINUES TO DELIVER RELIABLE, HIGH-MARGIN REVENUE & SIGNIFICANT OPERATOR-FUNDED RESERVE REPLACEMENT AND ANNOUNCES DIVIDEND INCREASE, by @newswire

CALGARY, AB, March 4, 2024 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to provide fourth quarter and…

ceo.ca

Highlights

• Generated Q4 2023 cash flow of $72.4 million or $0.50 per diluted share ⁽²⁾, and free cash flow (FCF)⁽¹⁾ of $71.7 million or $0.49 per diluted share⁽²⁾, providing an 87% FCF margin⁽¹⁾. During 2023, Topaz generated cash flow and FCF⁽¹⁾ of $286.3 million and $281.7 million, $1.97 and $1.94 on a per diluted share, respectively⁽¹⁾⁽²⁾, and an 88% FCF margin⁽¹⁾.
  
• Q4 2023 royalty production averaged 19,555 boe/d⁽⁴⁾, 5% higher than Q3 2023 and 7% higher than Q4 2022. 2023 royalty production averaged 18,853 boe/d⁽⁴⁾, an 11% increase from 2022, and exceeded Topaz's 2023 midpoint guidance estimate by 2% despite certain production curtailments during 2023 due to wildfires.
  
• During the year, operators spud 577 gross wells (21.5 net)⁽⁸⁾ across Topaz's royalty acreage, a 2% increase from 2022, which represents approximately 14% of the 2023 total rig releases across the WCSB⁽¹⁰⁾. Topaz estimates that operators invested $2.4 billion of development capital across the Company's royalty acreage in 2023.
  
• Generated royalty production revenue of $64.3 million ($35.72 per boe) during Q4 2023 and $250.5 million ($36.40 per boe) during 2023 which represented 78% of Topaz's total revenue and other income.
  
• Topaz's infrastructure assets contributed 22% of total revenue and other income in Q4 2023 and 2023. During Q4 2023, Topaz generated $18.5 million in processing revenue and other income, realizing 100% utilization and a 95% operating margin⁽¹⁾. During 2023, Topaz generated $70.9 million in processing revenue and other income (realizing 99% utilization and a 90% operating margin⁽¹⁾) providing 8% revenue growth from 2022.
  
• Paid a $0.31 per share dividend during Q4 2023 ($1.24 per share annualized⁽¹³⁾) which represents a 62% payout ratio⁽¹⁾ and a 6.1% trailing annualized yield to the fourth quarter average share price⁽¹¹⁾. To December 31, 2023, Topaz has paid $3.97 per share in dividends to its shareholders since the inaugural dividend during the first quarter of 2020. On March 4, 2024, Topaz's Board approved a 3.2% dividend increase and declared the 2024 first quarter dividend at $0.32 per share. This marks the Company's seventh dividend increase since inception, and 7% per share growth since the first quarter of 2023.
  
• Topaz confirms its 2024 royalty production guidance at 18,800 – 19,600 boe/d⁽³⁾⁽⁴⁾ and estimates 2024 processing revenue and other income between $69.0 and $71.0 million⁽³⁾. Topaz's 2024 estimated dividend is sustainable down to low commodity prices ($0.50 per mcf natural gas and US$55.00 per bbl crude oil⁽⁴⁾) due to the Company's high-margin, stable infrastructure income and hedging contracts in place. Based on Topaz's 2024 midpoint royalty production estimate, 18% of natural gas is hedged at a weighted average fixed price of C$3.17 per mcf and 30% of oil and total liquids is hedged at a weighted average floor price of C$103.25 per bbl, with collar structures in place to provide upside price participation⁽¹⁴⁾.
  
• During 2023, Topaz allocated FCF⁽¹⁾ to dividend payments of $176.3 million, acquisitions of $46.4 million, and debt repayment of $63.1 million (16% net debt⁽¹⁾ reduction from YE 2022).
  
• During 2023 Topaz generated 10% production per share growth from the prior year. Operator-funded development across Topaz's royalty acreage added 8.7 mmboe of proved plus probable developed reserves⁽⁷⁾ (excluding technical revisions or pricing factors), which represents 1.3 times replacement of Topaz's 6.9 mmboe of royalty reserves produced in 2023. At December 31, 2023, the before-tax net present value of total proved plus probable developed reserves, discounted at 10%⁽⁷⁾, was $1.5 billion, consistent with 2022 despite lower forecast commodity price assumptions.
  
• Released Topaz's 2022 Sustainability Report which highlights the Company's commitment to deliver superior, sustainable investment returns to shareholders through its sustainable investment strategy and by fostering a strong and committed workforce, mitigating climate-related risk and upholding strong corporate governance and ethics.