Royalty Companies

Star Royalties Reports Audited Financial Results for 2022
https://www.starroyalties.com/news/20230428-srnews
2022 Corporate and Portfolio Highlights

• 2022 revenues represent a 43% increase over the prior year, including record quarterly revenue in the fourth quarter.
• Record quarterly and annual revenue from the Keysbrook royalty.
• Progressive improvements in operating performance and royalty payments from the Elk Gold Mine.
• Continued farmer enrollment into Green Star Royalties Ltd.’s (“Green Star”) flagship regenerative agriculture carbon farming program, now representing approximately 115 farmers from across the United States.
• Transition to commercialization at MOBISMART Mobile Off-Grid Power & Storage Inc. (“MOBISMART”) to result in first royalty revenues for Green Star.
• Green Star investment pipeline now includes 22 opportunities under evaluation.
• Ongoing initiatives by new management at Sabre Gold Mines Corp. (“Sabre Gold”) (TSX: SGLD, OTCQB: SGLDF) to accelerate funding of the fully-permitted Copperstone Gold Mine.

Hallo,

ich habe ein weiteres bisher nicht börsennotiertes Royaltyunternhemen gefunden.

Low Carbon Royalties

Beim Namen dachte ich erst, dass sie mit Carbon Credits ihr Geld verdienen wollen. Das scheint nicht der Fall zu sein. Bisher besitzen sie Royalties zu Gas, Ni, Cu, Co und Mn.

In ihrer Präsentation ist eine schöne Aufstellung zum Royalty Sektor mit Darstellung der MK und dem Rohstoffschwerpunkt.

EMX Options Its Yarrol and Mt Steadman Projects in Australia to Partner Many Peaks Gold

https://www.newsfilecorp.com/release/164404

[Blockierte Grafik: https://images.newsfilecorp.com/files/1508/164404_478f1b5684c4bb61_002.jpg]

Empress Royalty Provides Investment Portfolio Update

https://www.accesswire.com/752…vestment-Portfolio-Update

Trident Royalties PLC Announces Q1 2023 Activities Update

https://www.accesswire.com/752…Q1-2023-Activities-Update
HIGHLIGHTS
Q1 royalty receipts & cash position

• Record quarterly receipts of US$3.6 million from exposure to gold, copper, and iron ore. A year-on-year increase of 63% over Q1 2022.
• The gold offtakes portfolio saw particularly strong performance with a 48% increase over Q1 2022 when compared on a like-for-like basis (accounting for the disposal of the Mercedes mine from the Premier Offtake, on 14 April 2022¹), while the Koolyanobbing iron ore royalty delivered its highest quarterly payment to-date.
• Trident holds cash of c. US$37 million as at 28 April 2023, providing a strong platform for further acquisitions. This cash balance includes proceeds from the gold offtakes but excludes Q1 royalty receipts.

*Reserve Bank of Australia for 31 March 2023 (0.6712) and 31 March 2022 (0.7482)
Adam Davidson, Chief Executive Officer of Trident commented:
"It has been a positive quarter for the existing portfolio, with significant updates at the Thacker Pass Lithium Project, the Mimbula Copper Project continuing to ramp production, and the gold offtake portfolio delivering strong growth and cashflows.
Our pipeline of prospective transactions is attractive. Following the highly profitable disposal of several gold royalties in February, coupled with a further reduction of our cost of debt, we have put our balance sheet in an excellent position to take advantage of current market conditions. We look forward to providing updates as the year progresses."
Portfolio Update:
Gold Royalties Sale Transaction ²

• Following a competitive sales process, Trident sold its pre-production gold royalties over Rebecca, Spring Hill, and three other projects acquired as a portfolio from Talga Group to Franco-Nevada Corporation in exchange for cash proceeds of up to US$15.55 million.
  
  
  • The Royalties were acquired by Trident for approximately US$6.25 million, representing a return on invested capital of over 140% in approximately two years.
  • US$14.3 million of the consideration has been received, with US$1.25 million to be paid upon first production from the Rebecca Gold Project.
• Reflecting the value unlocked by the transaction, Macquarie agreed to restructure Trident's existing US$40 million debt facility, to include a 2% reduction in coupon (reducing debt service costs by up to US$800,000 per year), deferral of scheduled quarterly payments, and a one-year extension of the loan term.

Thacker Pass Lithium Project ^3,4

• Lithium Americas Corp., operator of Thacker Pass, announced the commencement of construction following the receipt of notice to proceed from the US Bureau of Land Management.
• General Motors is investing US$650 million toward project development and has entered into a 10-year offtake agreement to purchase Phase 1 production to support production of up to 1 million electric vehicles per year.
• Thacker Pass is targeting 80,000 tonnes per annum ("tpa") of battery-quality lithium carbonate production capacity in two phases of 40,000 tpa. Phase 1 production is expected to commence in the second half of 2026.

Koolyanobbing Iron Ore Project ⁵

• Trident's quarterly royalty payment saw a marginal decrease in production tonnage from the royalty zone, offset by materially higher iron ore prices and realisations associated with the recent shift to production of a higher proportion of lump product from Koolyanobbing.

Offtakes Gold Portfolio

• Gold deliveries decreased by 16% during the quarter, from 74,085 gold ounces in Q4 to 62,335 in Q1. This was largely anticipated as production tends to spike in Q4 as operators seek to maximize calendar year production. Year-over-year deliveries increased by 31% over Q1 2022 when compared on a like-for-like basis, while the gold spot price also increased by c. US$166 per ounce over the course of Q1, positively impacting margins.
• Allied Gold Corp Limited ("Allied"), operator of the Bonikro gold mine over which Trident holds an uncapped gold offtake, announced its public listing plans.⁹ Allied highlighted drilling focused on extending the mine life to over 10 years, well in excess of Trident's initial estimate.

Sonora Lithium Project ^6,7,8

• In its 2022 Annual Results, Ganfeng Lithium, operator of the Sonora Lithium Project, confirmed that the project is under construction while noting that planned Stage 2 production increased by 43% to 50,000 tpa of lithium hydroxide.⁶
• After the period end, the Alberta Court of Appeal overturned, on appeal, a judgment which had summarily dismissed an action brought by Bacanora Minerals Ltd. ("Bacanora") against the Estate of Ian Colin Orr-Ewing ("Estate"). The lower Court of Queen's Bench of Alberta had held that the dispute by Bacanora was time barred; on appeal, this was overturned for technical reasons. Now the matter will be resolved on the merits, which, if determined in the Estate's favour, will definitively affirm the validity of the royalty. Bacanora must now argue the merits of its case and persuade the Alberta court that the royalty is invalid as a result of it being created without consideration or by way of fraudulent or other misrepresentation.⁷
• The conditions requiring Trident to provide funding in respect of the 50% Trident joint venture company Sonoroy Holdings Ltd ("Sonoroy"), to facilitate completion of the acquisition of the Sonora Gross Revenue Royalty, by Sonoroy remain at Trident's discretion. If Trident elects to exit the joint venture, the initial loan made by Trident to Sonoroy of US$2.5 million is due six months of such election.⁸ At the present time, Trident has no intention of exiting the joint venture.

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

Hallo,

EMX hat ja wirklich sehr viele Projekte. Leider hat EMX bisher den daraus zu erwartenden Cashflow nicht klar dargestellt. Das ist mit dem laufenden Rechtsstreit wohl auch schwierig.

In Ihrer neuen Präsentation mit Stand vom 4. Mai sind zumindest Zahlen für die Jahre 2019 bis 2022 auf Seite 11 dargestellt. Leider keine Angaben für 2023 und darüber hinaus.

Präsentation EMX Stand 4. Mai 2023

Für 2022 wird ein Cashflow von mehr als 20 Mio USD dargestellt. Dabei gibt es die Fußnote 3 zu beachten.

(3)Adjusted cash flows from operating activities and adjusted cash flows per share from operating activities for the year ended December 31, 2022 includes a net settlement amount of US$18.25M with Barrick Gold Corporation.

Wenn man diese 18,25 Mio USD abzieht bleibt trotzdem ein positiver Cashflow von ca. 3 bis 4 Mio USD. Das ist ja schon mal etwas.

Precious Metals Royalty And Streaming Companies: The April Report

https://seekingalpha.com/artic…ng-companies-april-report

erschienen bei Seeking Alpha, von Peter Arendas

Summary

• The Precious Metals R&S Index grew by 3.11% in April.
• The Precious Metals R&S Equally Weighted Index grew by 1.85%.
• The best performance was recorded by Empress Royalty; its share price grew by 19.05%.
• The biggest decline was experienced by Metalla Royalty & Streaming; its share price declined by 11.09%.

Triple Flag Announces Q1 2023 Results – Record GEOs and Operating Cash Flow

TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced its results for the first quarter of 2023 and declared a dividend of US$0.05 per common share to be paid on June 15, 2023. All amounts are expressed in US dollars unless otherwise indicated.
“I am pleased to announce another quarter of record results for Triple Flag, reflecting the successful acquisition of Maverix,” commented Shaun Usmar, CEO. “When we announced the transaction in November last year, we emphasized the strategic fit, the opportunity to acquire a diversified, cash generating portfolio of quality assets, and the ability to capture meaningful synergies in a combination that would benefit both sets of shareholders. We anticipated that the deal would broaden our shareholder base, enhance trading liquidity and result in cost synergies of US$7 million annually, positioning Triple Flag as the 4^th largest streaming and royalty company. I am pleased to report that these expected deal features are being fully realized – we have seen solid operating performance at underlying Maverix assets, particularly at Beta Hunt and Camino Rojo; a more than 10-fold increase in trading liquidity, with the addition of many new quality investors to our register, and index inclusion in the MVIS Global Junior Gold Miners, S&P/TSX Global Gold, and Solactive Global Silver Miners indices. We are also seeing exciting advances at a number of the exploration and development properties we acquired.”
“As we approach the two-year anniversary of our IPO, we are happy to have begun delivering against our ambitions in becoming the next emerging senior streaming and royalty company and look forward to what we can accomplish in the future with our enhanced platform.”

https://www.businesswire.com/news/home/20230509006180/en/

Orogen Acquires the Cuervo Epithermal Gold-Silver Target in British Columbia

https://www.accesswire.com/753…arget-in-British-Columbia

METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2023 AND PROVIDES ASSET UPDATES

https://www.prnewswire.com/new…et-updates-301823722.html

EMX Royalty Announces First Quarter 2023 Results

https://www.newsfilecorp.com/release/166176

Vox Provides Development and Exploration Updates
https://www.accesswire.com/755…t-and-Exploration-Updates
Key Updates

• Sibanye announced 2022 Mineral Resource Estimates and confirmed ongoing restart feasibility studies at Limpopo;
• Positive test results were received from the extraction of titanium dioxide and vanadium pentoxide over the Pitombeiras project held by Jangada, which supports the adaption of this technology to maximize resource recovery, reduce costs, and enhance Environmental, Social, and Governance ("ESG") performance; and
• ValOre sold its Angilak property to raise C$3.6M for exploration drilling at the Pedra Branca PGM project in Brazil.

Eagle Plains Announces Closing of Spin-off Transaction

https://www.accesswire.com/756…g-of-Spin-off-Transaction

CRANBROOK, BC / ACCESSWIRE / May 19, 2023 / Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or "Eagle Plains") is pleased to announce the closing of the spin-off transaction and the amalgamation of Eagle Royalties Ltd. and 2513756 Alberta Ltd. (formerly 1386884 B.C. Ltd.) to form Eagle Royalties ("ER"or"Eagle Royalties")effective May 19, 2023 (together, the "Transaction"). Pursuant to the Transaction, Eagle Plains shareholders of record as at the close of trading on May 18, 2023 will receive 1 ER share for every 3 EPL shares held. The Transaction is described in further detail in the Eagle Plains management information circular dated March 17, 2023, a copy of which is filed on SEDAR.
Listing
Eagle Royalties expects to list its common shares ("Listing") on the Canadian Securities Exchange ("CSE") on or about Wednesday, May, 24, 2023 under the trading symbol "ER". An application for the Listing was conditionally approved by the CSE on May 11, 2023.

Star Royalties Reports Q1 2023 Financial Results

https://www.starroyalties.com/news/20230525-srnews

Sailfish Closes Silver Stream with Mako Mining; Announces Closing of Private Placement of Convertible Debentures

https://www.newsfilecorp.com/release/167426

Silver Crown Royalties Exercises Top Up Option on Royalty Purchase

https://www.accesswire.com/757…ption-on-Royalty-Purchase


Orogen Royalties Announces Profitable Q1-2023 Financial Results

https://www.accesswire.com/757…Q1-2023-Financial-Results

Orogen Royalties Acquires a Copper Royalty in Colombia
https://www.accesswire.com/758…opper-Royalty-in-Colombia
VANCOUVER, BC / ACCESSWIRE / May 31, 2023 / (TSXV:OGN)(OTCQX:OGNRF) Orogen Royalties Inc. ("Orogen" or the "Company") is pleased to announce it has signed a purchase and sale agreement (the "Agreement") with Gold Plata Mineral Investments Corp. ("Gold Plata"), to acquire a 1% net smelter return ("NSR") royalty interest in the La Rica copper-gold project in northern Colombia.
Highlights

• La Rica is a 160 square-kilometre land package located in the Mande Batholith, the northernmost segment of the prolific Andean copper belt that extends from Chile through to Panama.
• The royalty Area of Interest ("AOI") contains at least four undrilled copper-gold porphyry targets within a fifteen kilometre long trend of anomalous copper geochemistry on the western margin of the Mande Batholith.
• La Rica contains outcropping chalcopyrite, bornite and gold mineralization related to potassically altered quartz diorite porphyries.
• The namesake La Rica zone is defined by 118 samples taken over a 600 metre by 500 metre area averaging 0.76% copper and 0.47 g/t gold.
• La Rica is currently held by a private exploration company ("Private Company") with land holdings in Colombia.

Gleason & Sons Makes $1.6 Million Strategic Investment in Empress Royalty as High-Yielding Investments Boost Cash Flow

https://www.accesswire.com/760…vestments-Boost-Cash-Flow
CHARLOTTE, NC / ACCESSWIRE / June 12, 2023 / Gleason & Sons LLC today announced today it has acquired nearly 7 million common shares of Empress Royalty ("Empress") (TSXV:EMPR)(OTCQX:EMPYF) via a series of open market purchases and cross trades in recent weeks.
Gleason & Sons is the family office of Stefan Gleason, a Charlotte-based entrepreneur who owns several privately held businesses in the United States, including Money Metals Exchange LLC. Money Metals is one of the largest precious metals dealers and depositories in North America with 500,000 customers and approximately $1 billion in annual revenues.
The $1.6 million equity investment in Empress is the latest in Gleason & Sons' debt and equity investments in the mining royalty space.

[url='Trident Royalties Plc (AIM: TRR, OTCQX: TDTRF), the diversified mining royalty company, is pleased to announce that it has entered into a binding sale and purchase agreement ("SPA") with Coeur Mining, Inc. ("Coeur", NYSE: CDE) to acquire royalties and a milestone payment (the "Royalty Assets", and the acquisition thereof, the "Transaction") over the La Preciosa Silver Project ("La Preciosa" or the "Project"), owned by Avino Silver & Gold Mines Ltd. ("Avino", TSX: ASM, NYSEAMERICAN: ASM), in Mexico. The Royalty Assets comprise: · 1.25% net smelter return royalty (the "NSR Royalty") covering the Gloria and Abundancia veins; · 2.00% gross value return royalty (the "GVR Royalty") covering all other areas of La Preciosa; and · US$8.75 million milestone payment (the "Milestone Payment"), payable within 12 months of first silver production at La Preciosa. In consideration, Trident shall pay US$7 million in cash on closing, and a further US$1 million, in cash or shares at Trident's election, upon receipt of the Milestone Payment or other circumstances as set out in the SPA.']Trident Royalties Plc (AIM: TRR, OTCQX: TDTRF), the diversified mining royalty company, is pleased to announce that it has entered into a binding sale and purchase agreement ("SPA") with Coeur Mining, Inc. ("Coeur", NYSE: CDE) to acquire royalties and a milestone payment (the "Royalty Assets", and the acquisition thereof, the "Transaction") over the La Preciosa Silver Project ("La Preciosa" or the "Project"), owned by Avino Silver & Gold Mines Ltd. ("Avino", TSX: ASM, NYSEAMERICAN: ASM), in Mexico. The Royalty Assets comprise: · 1.25% net smelter return royalty (the "NSR Royalty") covering the Gloria and Abundancia veins; · 2.00% gross value return royalty (the "GVR Royalty") covering all other areas of La Preciosa; and · US$8.75 million milestone payment (the "Milestone Payment"), payable within 12 months of first silver production at La Preciosa. In consideration, Trident shall pay US$7 million in cash on closing, and a further US$1 million, in cash or shares at Trident's election, upon receipt of the Milestone Payment or other circumstances as set out in the SPA.[/url]
https://polaris.brighterir.com…nt/news/rns/story/xzj8glw
[Blockierte Grafik: https://dw6uz0omxro53.cloudfront.net/2760630/af550dfd-0ff6-45bd-b228-2f2b1e526aba.png]

Wie bewertet Du den Deal, @Sorgenfrei?

Peter Arendas bei seeking alpha:

Precious Metals Royalty And Streaming Companies: The May Report
https://seekingalpha.com/artic…ming-companies-may-report

Gruß,
GL

Wie geht Ihr derzeit vor? Wie gestaltet Ihr Euer Depot, und speziell Royalty-Depot?

Ich habe sowieso weit überwiegend (2/3) nur noch Royalties (EM, Energie, Basismetalle) im Rohstoff-Aktiendepot. Ansonsten Ausgewählte aus guten Gründen, zB waren mal Zinnwerte massiv vertreten, oder es sind sehr starke Dividendenzahler unter den Rohstoffproduzenten dabei.

Derzeit klarer Schwerpunkt auf EM. Explorer hab ich gar nicht mehr - welche Vorkommen in Zukunft überhaupt noch wirtschaftlich (und: politisch) abgebaut werden können scheint mir sehr fraglich. Produzenten auch kaum noch, das deck´ ich lieber über Royalties ab und hab viel mehr Zeit...

Bei den Royalties kommen nur noch solche für mich in Frage, wo genügend produzierende Royalties den Unternehmenswert darstellen. Die lieber gut ab und zu traden, als das bekannte Explorer- oder auch Produzenten-Lotto spielen. Auch wenn ich damit nicht über Nacht reich werde...

Aber jetzt mal konkret.

FNV, WPM, RGLD, OR, TFPM sehe ich als die "Verlässlichen".
Trident TRR.L, ELE, VOX. Das sind die kleineren m.E. Investierbaren. Trident wird immer EM-lastiger (und Thacker Pass wird - politisch gewollt, und mit GM dahinter - kommen!)
Damit ist bei mir ENDE bei EM-Royalties. Fast:
EMX bisschen intransparent, ich war Fan und bin´s eigentlich noch. Viele Projekte zeitlich weit raus, ist derzeit nicht meine erste Wahl zum Aufstocken.
Hier ist wirklich ENDE.

SAND - ham wir kürzlich gesehen... NICHT. Kobalt-Royalties gibt´s auch woanders.
MTA wg. zu geringen Einnahmen aus produzierenden Royalties auch nicht, allenfalls Zock bei massiver Untertreibung.
GROY - NICHT INVESTIERBAR für mich. Erlöse vs. Börsenwert, dazu noch die abartige Unternehmenspolitik mit den Übernahmen auf Teufel komm raus.
Orogen, Sailfish, Empress sind bei mir im Giftschrank, da steht in meiner Tabelle "unseriös" dran. Star Royalties ist mir viel zu windig, u.a. Länderrisiko, Mitmischen im CO2-Credit-Geschäft...
Euro Ressources hat div. Probleme.
SPOT allenfalls als Spekulation auf die Rückkehr der Spekulation.
Eagle Royalties, Commander dto. - Winzlinge.
LRA hab ich inhaltlich nie auf dem Schirm gehabt, da kann ich nix zu sagen.

Ein Blick auf die Kursverläufe zeigt die Unterschiede; teilweise muss man mind. 2 Jahre gucken (für solche "Perlen" wie EMPR z.B.)
https://stockcharts.com/freecharts/candleglance.html?FNV,WPM.TO,RGLD,OR.TO,TFPM.TO,SAND,SII.TO,GROY,EMX.V,MTA.V,ELE.V,VOXR|D|null
https://stockcharts.com/freecharts/candleglance.html?FISH.V,OGN.V,SPOT.V,LRA.V,STRR.V,EMPR.V|D|0

Gruß, GL

PS Bei den "anderen" (Nicht-EM-)Royalties finde ich in erster Linie investierbar:
LIO, Deterra (Eisen); ALS und APY (gemischte).
NKL vllt. für Nickel, da gibt´s gerade andere Fragezeichen.
Ansonsten die bekannten Öl- und/oder Gas-Royalties.
URC ggf. für Uran.
ARR für erneuerbare Energie-Investitionen, wenn man das will.

Auch hier die Charts ansehen.
https://stockcharts.com/freecharts/candleglance.html?TPZ.TO,VNOM,PSK.TO,BSM,FRU.TO,MOX.V,URC.V,ARR.TO,RE.V,OFSTF|D|0
(Da sind auch welche dabei, zur Beobachtung, die ich sicher nicht kaufen werde)