Royalty Companies

  • Triple Flag Reports Q3 2022 Results
    https://www.businesswire.com/news/home/20221107006114/en/
    Q3 2022 Financial Highlights

    • Revenue of $33.8 million, compared to $37.1 million in Q3 2021.
    • Gold equivalent ounces (“GEOs”)1 sold of 19,523, compared to 20,746 in Q3 2021.
    • Net Earnings of $12.8 million, compared to $5.1 million in Q3 2021.
    • Adjusted Net Earnings2 of $13.3 million, compared to $13.7 million in Q3 2021.
    • Operating Cash Flow of $25.4 million, compared to $29.5 million in Q3 2021.
    • Adjusted EBITDA3 of $26.1 million, compared to $29.5 million in Q3 2021.
    • Strong Asset Margin4 of 90%, broadly in line with the same period in the prior year.
    • Cash Costs per GEO5 of $165, broadly in line with the same period in the prior year.
    • Quarterly dividend declared of US$0.05 per common share that will be paid on December 15, 2022.
  • Hi Kollegen,
    ich war am Wochenende bei der Edelmetall- und Rohstoffmesse in München.
    Habe mich lange mit CEO von Globex Mining Jack Stoch unterhalten.
    Ist eh eine Kernposition von mir seit Jahren, auch wenn es seit 1 Jahr gar kein Spaß mehr macht.
    Aber habe die Niedrigkurse zum umschichten genutzt, also in Globex.
    Dort gibt es ein Verkauf von 4-5 Mio. Aktion von First Gold Mining , also sie haben Globex Aktien auf den Markt geworfen. Das ist die Auskunft von mehreren Seiten. Das Volumen ist in letzter Zeit hoch und spiegelt das wieder.


    Dann hab ich mich noch mit Scott Melbye , CEO Uranium Royalty länger unterhalten.
    Ist schon cool, so aus erster Hand Infos zu bekommen, da ist die Minen-Branche sehr zugänglich.
    Er meinte so eine bullische Konstellation für Uran habe er in seiner 40jährigen Berufserfahrung noch nie gesehen.
    Utilities würden ihn anrufen, um Veträge zu ergattern und sind ganz erstaunt ein NEIN zu bekommen.
    Er meinte , die Utilities sind traditionell sehr träge und hätten deswegen die Zeit nicht genutzt günstige Uran-Lieferverträge abzuschließen und müssen jetzt in die kommenden Uran-Preis-Boom einkaufen.


    Dann noch kurz am EMX Royalty Stand.
    Auch ein günstiges und sehr breit diversifiziertes Unternehmen.
    Die Streitigkeiten rund um die Serbische Kupfer-Royalty wird bald abgeschlossen sein.
    Das wird dann der Cash-Treiber 2023 sein.....


    Hoffe meinen Teil beigetragen zu haben.
    Vielleicht schau ich hier regelmäßg rein, Eure Infos gefallen mir.


    Ich bin schwerpunktmäßig im Globex-Thread auf wallstreetonline

  • Danke für die Info`s! [smilie_blume]


    Meintest du First Mining Gold Corp.?


  • The Transaction will combine two complementary portfolios of predominantly gold and silver streams and royalties, creating a company that will:

    • Deliver increased scale and enhanced diversification, with 29 paying assets and 228 assets overall;
    • Feature gold and silver assets in good mining jurisdictions: by net asset value ("NAV"), 93% of the portfolio comprises precious metals and 82% is located in the Americas and Australia;
    • Strengthen Triple Flag's already-robust organic growth pipeline in gold equivalent ounces ("GEOs"); and
    • Target tangible pre-tax synergies of around $7 million annually.

    This combination – which is expected to be accretive on a NAV-per-share and cash-flow-per-share basis – represents a continuation of each company's focus on building a pure play portfolio of high-quality, precious metals streaming and royalty assets, located in good mining jurisdictions and in the hands of responsible operators. We believe that the combined company will benefit from the strong cash flows of the resulting high-margin, high-growth, inflation-resilient, and diversified portfolio.
    We anticipate that the combination with Maverix will also diversify Triple Flag's portfolio and shareholder base while providing a significant and immediate increase in GEOs, building on Triple Flag's 26% CAGR in GEOs since 2017 and providing further opportunities to grow.
    Pursuant to the Transaction, Maverix shareholders may elect to receive either US$3.92 in cash or 0.360 of a Triple Flag share per Maverix share held, representing share consideration of US$3.92 per Maverix share based on the closing price of Triple Flag shares on November 9, 2022 of US$10.89 (the "Purchase Price"). The shareholder election will be subject to pro-ration such that the cash consideration will not exceed 15% of the total consideration and the share consideration will not exceed 85% of the total consideration. Maverix shareholders who do not elect to receive either Triple Flag shares or cash will be deemed to elect default consideration of 0.360 Triple Flag shares per Maverix share.

  • Vox To Acquire Canadian Royalty Portfolio From First Quantum Minerals

    https://www.accesswire.com/724…om-First-Quantum-Minerals
    TORONTO, ON / ACCESSWIRE / November 10, 2022 / Vox Royalty Corp. (TSXV:VOX)(NASDAQ:VOXR) ("Vox" or the "Company"), a returns-focused mining royalty company, is pleased to announce that it has executed a binding royalty sale and purchase agreement dated November 9, 2022 with First Quantum Minerals Ltd. (TSX:FM) ("FQM"), to acquire rights to a portfolio of up to four Canadian royalties, for total consideration of up to C$650,000.
    Pursuant to the terms of the purchase and sale agreement, on closing, Vox will issue C$525,000 of Vox common shares, being 164,319 common shares at an issue price of C$3.1950 per common share for the Estrades and Opawica royalties further described below (the "Transaction"). Closing of the Transaction remains conditional upon final acceptance by the TSX Venture Exchange.
    Additional closings and cash payments of C$100,000 (Winston Lake) and C$25,000 (Norbec & Millenbach) will be due and payable following (i) the exercise of separate third-party option agreements, (ii) the issuance of the Winston Lake and Norbec & Millenbach royalties to FQM, and (iii) the assignment of the Winston Lake and Norbec & Millenbach royalties to Vox.
    Royalty Portfolio


    AssetOperatorLocationStageRoyalty
    EstradesGalway Metals Inc.Québec, CanadaEngineering Studies2.0% NSR(a)
    OpawicaImperial Mining Group LtdQuébec, CanadaExploration0.49% NSR
    Winston LakeMetallum Resources Inc.Ontario, CanadaExploration2% NSR
    (1% buyback for C$3.0M)(b)
    Norbec & MillenbachFalco Resources LtdQuébec, CanadaExploration2% NSR(c)



    (a) Vox notes that the Estrades royalty covers only a portion of the Estrades Project.
    (b) Vox holds the right to acquire the royalty issued to FQM upon Metallum exercising its option to acquire the property from FQM.
    (c) Vox holds the right to acquire the royalty issued to FQM upon Falco exercising its option to acquire the property from FQM.


  • METALLA REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2022 AND PROVIDES ASSET UPDATES

    https://www.prnewswire.com/new…et-updates-301675056.html
    VANCOUVER, BC, Nov. 10, 2022 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (TSXV: MTA) (NYSE American: MTA) announces its operating and financial results for the three and nine months ended September 30, 2022. For complete details of the condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three and nine months ended September 30, 2022, please see the Company's filings on SEDAR (www.sedar.com) or EDGAR (www.sec.gov). Shareholders are encouraged to visit the Company's website at www.metallaroyalty.com.

  • [Blockierte Grafik: https://emxroyalty.com/site/templates/img/logo-v2.png]


    EMX Royalty Announces Third Quarter 2022 Results



    HIGHLIGHTS FÜR Q3-2022
    Finanz-Update
    Alle Dollarbeträge in dieser Pressemitteilung sind kanadische Dollar (CDN), sofern nicht anders angegeben.

    • Die Einnahmen und sonstigen Einnahmen für die drei Monate zum 30. September 2022 beliefen sich auf 9.338.000 $, einschließlich laufender Lizenzeinnahmen aus den Lizenzgebühren von Leeville, Gediktepe und Balya in Höhe von insgesamt 4.881.000 $. Die sonstigen Erträge in Höhe von 4.113.000 $ beziehen sich auf andere Immobilienzahlungen aus Partnerliegenschaften. Bereinigte Umsatzerlöse und sonstige Erträge1betrug 12.105.000 $, einschließlich 2.767.000 $ für den Anteil des Unternehmens an den Lizenzeinnahmen aus seiner effektiven Caserones-Kupfer-Lizenzgebührenbeteiligung in Chile.
    • Nach der Rückforderung von 4.210.000 $ von Partnern beliefen sich die Nettokosten für die Lizenzgebührengenerierung des Unternehmens auf insgesamt 2.652.000 $.
    • Die allgemeinen Verwaltungskosten beliefen sich auf insgesamt 1.644.000 $. Höhere Investor-Relations-Kosten für verstärkte Marketing- und Kommunikationsaktivitäten wirkten sich auf die allgemeinen Verwaltungskosten aus, die durch eine Verringerung der Honorare für Berater während des Berichtszeitraums ausgeglichen wurden.
    • Die aktienbasierten Vergütungen beliefen sich in diesem Zeitraum auf insgesamt 481.000 US-Dollar im Vergleich zu 1.206.000 US-Dollar im 3. Quartal 2021. Die aggregierten aktienbasierten Vergütungen beziehen sich im Wesentlichen auf den beizulegenden Zeitwert der während der Periode gewährten und unverfallbaren Aktienoptionen und Restricted Share Units ("RSUs").
    • Finanzierungskosten in Höhe von 1.579.000 $ im Zusammenhang mit der Sprott-Kreditfazilität. Das Unternehmen hatte die SSR VTB-Schuldverschreibung (einschließlich Zinsen) in Höhe von insgesamt 10.774.000 $ im vorangegangenen Quartal vollständig zurückgezahlt.
    • Für das Quartal erzielte das Unternehmen einen Betriebsgewinn von 1.311.000 $ und einen Nettoverlust von 16.346.000 $.
    • Weitere wesentliche Posten, die das Ergebnis für die drei Monate zum 30. September 2022 beeinflussten, waren nicht realisierte Fair-Value-Verluste aus Investitionen in Höhe von 7.241.000 US-Dollar, Wertminderungsaufwendungen in Höhe von 7.130.000 US-Dollar, die hauptsächlich mit der Gediktepe-Lizenzgebühr in der Türkei zusammenhängen, und Währungsanpassungen in Höhe von 518.000 US-Dollar.
    • Zum 30. September 2022 verfügte das Unternehmen über uneingeschränkte Zahlungsmittel und Zahlungsmitteläquivalente in Höhe von 14.297.000 $, Investitionen und langfristige Investitionen im Wert von 19.877.000 $ und ein Darlehen in Höhe von 54.961.000 $.

    AUSSICHT
    In diesem Jahr werden die Einnahmen und sonstigen Erträge aus unseren Cashflow-Lizenzgebühren, darunter Leeville in Nevada, Gediktepe und Balya in der Türkei, möglicherweise Timok in Serbien (vorbehaltlich des Abschlusses der Lizenzgebührengespräche mit Zijin) und unserer effektiven Lizenzbeteiligung an Caserones in Chile steigen. Wie in den Vorjahren werden die Produktionslizenzgebühren weiterhin durch Options-, Vorablizenzgebühren und andere Vorproduktionszahlungen aus Partnerprojekten aus dem gesamten globalen Portfolio ergänzt. Als Lizenzinhaber hat das Unternehmen, wenn überhaupt, eingeschränkten Zugang zu Informationen über Liegenschaften, für die es Lizenzgebühren hält. Dementsprechend hat das Unternehmen keine Leitlinien oder Ausblicke für die zukünftige Produktion gegeben und geht auch nicht davon aus, dass es dazu in der Lage sein wird.
    Bisher hat EMX im Jahr 2022 eine zusätzliche (effektive) Lizenzgebührenbeteiligung von 0,3155 % an Caserones erworben, eine Privatplatzierung in Höhe von 12.580.000 $ (10.000.000 USD) bei Franco-Nevada abgeschlossen, eine strategische Investition in PNR getätigt und die an SSR Mining Inc. ausgegebene Rücknahmeschuldverschreibung des Verkäufers vollständig zurückgezahlt.
    Das Unternehmen wird seine Bilanz im Laufe des Jahres weiter stärken, indem es versucht, Teile seiner langfristigen Schulden zurückzuziehen, die Aktienmärkte weiterhin zu bewerten (einschließlich der Einreichung eines Prospekts) und die laufende Monetarisierung der marktfähigen Wertpapiere des Unternehmens.
    EMX ist gut finanziert, um neue Lizenzgebühren- und Investitionsmöglichkeiten zu identifizieren und zu verfolgen und gleichzeitig eine Pipeline von Konzessionsgebieten zur Generierung von Lizenzgebühren zu füllen, die Möglichkeiten für zusätzlichen Cashflow sowie Explorations-, Erschließungs- und Produktionserfolge bieten.


  • MAVERIX ANNOUNCES THIRD QUARTER 2022 RESULTS AND DECLARES QUARTERLY DIVIDEND

    https://www.prnewswire.com/new…y-dividend-301678306.html
    Third Quarter 2022 Highlights

    • Gold equivalent ounces ("GEOs") sold of 9,5671 or 7,8941 excluding GEOs earned in Q3 from Omolon;
    • Revenue of $16.3 million;
    • Cash flow from operating activities of $9.5 million;
    • Cash flow from operating activities, excluding changes in non-cash working capital, of $12.6 million1;
    • Average cash cost per GEO of $171, resulting in a cash operating margin of 90% or $1,534 per ounce1;
    • Net income of $3.3 million, or $0.02 per share;
    • Adjusted net income of $5.0 million1, or $0.03 per share;
    • Acquired a portfolio of 22 royalties on development, advanced exploration and exploration stage projects from Barrick Gold Corporation; and
    • Acquired a 2% royalty on the Sleeping Giant mine from Abcourt Mines Inc.

    Dan O'Flaherty, CEO of Maverix, commented, "As recently announced, the friendly merger of Maverix and Triple Flag Precious Metals will create the leading pure play, gold-focused emerging senior streaming and royalty company. We are excited as the combination is a continuation of the precious metals focused strategy that Maverix has followed since our inception. Maverix also posted strong third quarter operating and financial results, with several of our royalty and stream counterparties having announced positive operational updates. Additionally, it is pleasing to see that a number of the underlying development assets in our diverse portfolio are continuing to advance as expected."


  • Vox Announces Q3 2022 Financial Results and Declares Quarterly Dividend

    https://www.accesswire.com/725…clares-Quarterly-Dividend
    Kyle Floyd, Chief Executive Officer stated: "Our recent results demonstrate Vox's consistent outperformance for investors over the past several quarters, setting multiple production, revenue and profitability records notwithstanding a turbulent macroeconomic and geopolitical backdrop. The introduction of a quarterly dividend and Vox's Nasdaq listing highlight management's commitment to investor returns, liquidity, and accretive growth."
    Third Quarter 2022 Highlights

    • Record Q3 2022 recognized revenues of $3,181,574, record year-to-date revenues of $6,403,347 and record year-to-date royalty receipts of $7,612,264;
    • Record gross profit of $2,463,007 and $5,072,178 for the three and nine months ended September 30, 2022;
    • Declared an inaugural quarterly cash dividend of $0.01 per common share on September 20, 2022, paid to shareholders on November 4, 2022, representing an initial 1.8% annualized dividend yield (based on the closing share price on September 19, 2022);
    • Subsequent to quarter-end, commenced trading on the Nasdaq on October 10, 2022;
    • Noted significant organic development within the existing royalty portfolio with the commencement of production by Northern Star Resources Limited at the Otto Bore gold mine and construction completion and loaded commissioning at the Binduli North Gold Mine by Zijin Mining Group Co., Ltd. both located in Western Australia;
    • Increased producing royalty asset count to seven during the nine months ended September 30, 2022, with the May 2022 acquisition of the Wonmunna royalty and the commencement of production at Otto Bore;
    • Strong balance sheet position at quarter end, including:

      • Cash and accounts receivable of $6,486,583;
      • Working capital of $3,636,005;
      • Total assets of $41,439,314; and
    • Purchased and cancelled 192,200 common shares pursuant to the Company's normal course issuer bid ("NCIB") during the nine months ended September 30, 2022.

    Quarterly Dividend
    The Company is also pleased to announce that its Board of Directors has approved a quarterly cash dividend of US$0.01 per common share to be paid in the first quarter of 2023. The dividend will be paid on January 13, 2023 to shareholders of record as of the close of business on December 30, 2022.



  • ????
    "The increase in expenditures and recoveries was predominately attributable to drilling activities incurred by the Company’s wholly owned subsidiary Scout Drilling on partnered projects. As such, recoveries were expected to increase consistent with the increased drilling costs"
    Quelle Seite 15, https://emxroyalty.com/site/as…_sept_30-_2022_finalf.pdf

  • VOX Acquires Australian Gold Royalty Over Cardinia Gold Project and Closes First Quantum Minerals Royalty Portfolio Deal

    https://www.accesswire.com/727…ls-Royalty-Portfolio-Deal
    TORONTO, ON / ACCESSWIRE / November 22, 2022 / Vox Royalty Corp. (TSXV:VOX)(NASDAQ:VOXR) ("Vox" or the "Company"), a returns focused mining royalty company, is pleased to announce that it has executed a binding royalty sale and purchase agreement dated November 21, 2022 with Gloucester Coal Ltd ("Gloucester") and acquired Gloucester's Cardinia development-stage gold royalty in Western Australia for A$450,000 (approximately US$300,000) cash (the "Transaction"). The Company is also pleased to announce that it has completed the acquisition of First Quantum Minerals Ltd.'s (TSX:FM) ("FQM") Canadian royalty portfolio, previously announced on November 10, 2022, which closed on November 21, 2022.
    The acquired royalty, previously produced on a bulk sampling basis, is a 1% Gross Value of Sales royalty above 10,000oz cumulative gold production (~9,100oz remaining hurdle) on mining lease M37/86, which is operated by Kin Mining Ltd (ASX: KIN) ("Kin"), and is part of Kin's flagship Cardinia Gold Project, which is located 30km east of Leonora in Western Australia (the "Cardinia Royalty"). The Cardinia Royalty was created in 1993 pursuant to an Option Agreement between Sons of Gwalia Ltd and Centenary International Mining Ltd, the latter of which became CIM Resources Ltd, and eventually, Gloucester.
    Riaan Esterhuizen, Executive Vice President - Australia stated: "This overlooked 1993 vintage gold royalty is Vox's ideal low-cost acquisition - a fully-permitted and shovel-ready gold project, located in the prolific Leonora district of Western Australia within trucking distance of 4 existing mills with over 10Mtpa processing capacity. This transaction was originated using Vox's proprietary royalty database of over 8,500 royalties, to identify an overlooked gold royalty inherited through a broader 2012 corporate acquisition. Regional consolidation within the Leonora region is underway with Genesis Minerals' acquisition of Dacian Gold and merger talks ongoing between Genesis and St Barbara, all of which bodes well for Kin Mining's prospects at the Cardinia Gold Project."
    Transaction Highlights(1)(2)

    • Provides exposure to the pre-feasibility-stage 1.4Moz (34.5Mt @ 1.27g/t) resource(1) Cardinia Gold Project ("CGP") that is strategically located within 100km of 4 existing gold mills (with total processing capacity of over 10Mtpa) in the prolific Leonora gold region of Western Australia;
    • The Cardinia Royalty covers the majority of the Lewis deposit, which forms a key part of the Bruno-Lewis JORC-compliant gold resource estimate(1) of 12.1Mt @ 1.0g/t for 388,000oz (September 2022, 0.4g/t Au cut-off) and the Lewis East Prospect, which hosts recent drilling intersections(2) of 11m @ 3.85g/t Au, 44m @ 0.47g/t Au and 6m @ 3.63g/t Au;
    • A mining proposal for the Lewis open pit deposit was approved by the Department of Mines, Industry Regulation and Safety (DMIRS) on November 10, 2021, which Vox believes could pave the way for potential toll-treatment production from one of the regional mills;
    • In 2016, trial mining was conducted at the East Pit of the Lewis Deposit via a Toll Milling Agreement with Golden Mile Milling's (now owned by Karora Resources Inc. ("Karora") (TSX: KRR)) Lakewood CIL processing facility in Kalgoorlie, which processed a parcel of ore totalling approximately 14,779 tonnes that produced 908oz at an average recovery rate of 94%; and
    • Existing infrastructure and related key hardware such as mills, a crusher, conveyors and structural steel are already owned by Kin, which Vox believes could create potential for fast-track development of a standalone Cardinia operation.

    [Blockierte Grafik: https://www.accesswire.com/users/newswire/images/727580/image-1.png]


  • Star Royalties Reports Q3 2022 Financial Results
    https://ceo.ca/@thenewswire/st…q3-2022-financial-results
    Q3 2022 Corporate and FinancialHighlights

    • Quarterly revenue of $234,854, a 4% increase over theprior-year quarter.
    • First quarterly positive cash flow from operations andrecord quarterly revenue from the Keysbrook royalty.
    • Continued farmer enrollment into Green Star RoyaltiesLtd.’s (“GreenStar”) expanded flagship regenerativeagriculture carbon farming program.
    • Appointment of carbon executives at Green Star toaccelerate portfolio growth.
    • Ongoing discussions on capital opportunities through acombination of private and public markets to address Green Star’sgrowing pipeline of nature-based carbon investments.
    • Financial improvements and initiatives at Sabre GoldMines Corp. (SabreGold”) (TSX: SGLD, OTCQB: SGLDF) to facilitatefunding of the fully-permitted Copperstone Gold Mine.

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