Beiträge von Sorgenfrei

    Altius Renews Normal Course Issuer Bid

    https://www.businesswire.com/news/home/20260819375743/en/Altius-Renews-Normal-Course-Issuer-Bid


    ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) (“Altius” or the “Corporation”) is pleased to announce that it has renewed its Normal Course Issuer Bid (“NCIB”) by which it may purchase at market price up to 587,482 common shares (“Shares”), being approximately 1% of the 58,748,220 common shares issued and outstanding as of August 11, 2026, through the facilities of the Toronto Stock Exchange (“TSX”) or a Canadian alternative trading system.

    Royal Gold Announces Fourth Quarter Dividend

    DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) announced today that its Board of Directors has declared its fourth quarter dividend of $0.475 per share of common stock. The dividend is payable on Friday, October 16, 2026, to shareholders of record at the close of business on Friday, October 2, 2026.



    https://www.businesswire.com/news/home/20260817326757/en/Royal-Gold-Announces-Fourth-Quarter-Dividend

    SOURCE ROCK ROYALTIES DECLARES MONTHLY DIVIDEND
    /CNW/ -- Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties and...
    www.newswire.ca


    ource Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on September 15, 2026 to shareholders of record on August 31, 2026.

    Versamet Royalties Reports Record Gold Equivalent Ounces for Q2 2026

    Versamet Royalties Reports Record Gold Equivalent Ounces for Q2 2026
    All amounts are in U.S. dollars unless otherwise indicated.Vancouver, British Columbia--(Newsfile Corp. - August 13, 2026) - Versamet Royalties…
    www.newsfilecorp.com


    Q2 2026 Financial Highlights

    • Revenue of $23.7 million, an increase of 392% over Q2 2025.
    • Record attributable gold equivalent ounces1 ("GEOs") of 5,255, an increase of 256% over Q2 2025.
    • Operating cash flow before working capital changes2 of $19.5 million, an increase of 506% over Q2 2025.
    • Net income of $4.9 million, an increase of 2,781% over Q2 2025.
    • Record adjusted EBITDA3 of $18.8 million, an increase of 747% over Q2 2025.

    Q2 2026 Corporate Highlights

    • Acquired a cornerstone Canadian gold stream on the Eskay Creek gold-silver project located in British Columbia.

    Dan O'Flaherty, CEO of Versamet, commented: "Versamet delivered another quarterly GEO record in the second quarter, bringing year-to-date GEOs to more than 10,000 and keeping us well on track to achieve our 2026 production guidance of 20,000 to 23,000 GEOs. Our portfolio generated over $47 million in revenue in the first half of the year, which positions us well to pursue accretive acquisitions while maintaining our disciplined approach to deploying capital.

    "During the quarter, we completed the transformative acquisition of the Eskay Creek gold stream, materially enhancing our near-term growth profile. Alongside several organic growth catalysts, including the completion of the Rosh Pinah expansion and first gold production at Toega and Cuiú Cuiú, we expect our annual attributable production run rate to increase to approximately 35,000 GEOs once Eskay Creek begins production next year.

    Talon Metals Reports Second Quarter 2026 Results
    Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - August 13, 2026) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF) ("Talon"...
    www.newsfilecorp.com


    Highlights


    For the three-month period ended June 30, 2026, the Company reported:

    • Revenue of $51.5 million (Q2 2025: $nil million);
    • Net income of $3.2 million or $0.02 per share (basic and diluted) (Q2 2025: net loss of $0.8 million or (negative $0.01) per share (basic and diluted));
    • EBITDA1 of $11.4 million (Q2 2025: negative EBITDA of $0.8 million);
    • Adjusted EBITDA1 of $12.6 million (Q2 2025: negative adjusted EBITDA of $0.6 million);
    • Cash provided by operating activities was $1.3 million (Q2 2025: $0.1 million).
    • In connection with the acquisition of Eagle and Eagle Mining US Ltd., the Company received a cash payment of $11.5 million during Q2 2026 pursuant to a working capital adjustment in accordance with the share purchase agreement between the Company and Lundin Mining Corporation;
    • Capitalized exploration and evaluation costs on the Tamarack Nickel-Copper-Cobalt Project for the three months ended June 30, 2026, amounted to $5.3 million (Q2 2025: $5.0 million).

    As at June 30, 2026, the Company reported:

    • Cash, cash equivalents, treasury bills, and term deposits of $46.6 million (December 31, 2025 - $25.4 million);
    • Working capital of $61.3 million (December 31, 2025 - $19.3 million).

    As at August 13, 2026, the Company reports cash and cash equivalents of $45.3 million.

    Discovery Reports Record Revenue, Strong Year-Over-Year Earnings Growth in Q2 2026

    Aug 13, 2026, 6:00 AM ETDiscovery Mining Ltd. (DSVSF), DSV:CA

    COMPLETED ACQUISITION OF KIDD OPERATIONS

    Creates opportunity to significantly increase processing capacity, adds valuable land and infrastructure, provides exposure to critical minerals and adds exploration upside

    EXPLORATION SUCCESS AT ALL TARGETS

    Excellent drill results at all operations, at near-mine targets and at key growth projects; Recent results confirmed Pamour to be large-scale deposit with substantial growth potential

    INVESTING TO IMPROVE AND GROW PORCUPINE

    Total capital expenditures(1) of $86.4M versus $44.2M in Q2 2025 and $69.9M in Q1 2026

    STRONG PRODUCTION GROWTH

    Produced 67,309 oz of gold, 33% increase from Q2 2025(2) and 12% higher than Q1 2026; Gold sold(3) totaled 66,068 oz vs. 42,550 oz in Q2 2025 and 59,445 oz the previous quarter


    UNIT COSTS IN LINE WITH GUIDANCE RANGES

    Gold operating cash costs(1) of $1,387/oz sold, gold AISC(1)(4) of $2,154/oz sold


    RECORD REVENUE IN Q2 2026

    Revenue of $319.1M, more than double the Q2 2025 level and 12% higher than Q1 2026


    STRONG YEAR-OVER-YEAR EARNINGS GROWTH

    Net earnings of $52.1M, or $0.06/share, vs $5.5M, or $0.01/share, in Q2 2025 and $81.7M, $0.10/share in Q1 2026; Adjusted net earnings(3) of $92.3M, or $0.11/share, compared to $28.4M, or $0.04/share, in Q2 2025 and $82.7M, or $0.10/share in Q1 2026


    STRONG FINANCIAL POSITION

    Total liquidity of $607.8M at June 30th (including $364.3M of cash); Revolving credit facility (“RCF”) increased to $400 million and maturity extended to July 30, 2030 subsequent to quarter end


    ON TRACK TO ACHIEVE 2026 GUIDANCE

    2026 guidance includes back-half weighted production of 260 – 300 koz; operating cash costs/oz of $1,250 – $1,400 and AISC/oz of $1,950 – $2,250; sustaining capital(1) of $120M – $165M and growth capital(1) of $195M – $235M


    https://dsvmining.com/English/news-media/press-releases/press-releases-details/2026/Discovery-Reports-Record-Revenue-Strong-Year-Over-Year-Earnings-Growth-in-Q2-2026/default.aspx

    Vox Royalty Reports Q2 2026 Results And Declares Quarterly Dividend

    https://www.accessnewswire.com/newsroom/en/metals-and-mining/vox-royalty-reports-q2-2026-results-and-declares-quarterly-dividend-1206543


    DENVER, CO / ACCESS Newswire / August 12, 2026 / Vox Royalty Corp. (NASDAQ:VOXR)(TSX:VOXR) ("Vox" or the "Company"), a returns-focused mining royalty and streaming company, is pleased to announce its operating and financial results for the second quarter ended June 30, 2026. All amounts are presented in U.S. dollars unless otherwise indicated.

    Kyle Floyd, Chief Executive Officer, stated: "We are pleased to share these strong Q2 quarterly results and record first half results, which are in line with our increased 2026 guidance released in May, including record EPS of $0.60/share for the year-to-date. This quarter included two opportunistic divestments of capped assets, generating 14x and 2x returns over holding periods of 3 months and 9 months for the Federation royalty and i-80 offtake stream, respectively. As a result of record first half operating cash flow and these transactions, the Company recorded record cash on the balance sheet of $31.1 million. We also noted material organic developments within our portfolio during the quarter, such as the 20-year land access agreement at the Los Filos gold project and the anticipated ~400% life of mine production increase at the Bonikro gold mine. We look forward to providing further updates as our portfolio of streams and royalties advances alongside well-capitalized operators, complemented by a robust pipeline of accretive acquisition opportunities."

    Second Quarter 2026 Highlights

    • Net income of $17.0 million or $0.25/share (2Q 2025: net loss of $0.4 million or $0.01/share). Net income for the period includes a Revaluation Gain of $11.0 million on the portfolio of offtake streams (the "Portfolio") that Vox acquired in September 2025, driven by the Los Filos community milestones and Bonikro mine life extension.
    • Record cash position at quarter end of $31.1 million and fully undrawn credit facility of $40 million (with an additional accordion of $35 million).
    • Record total assets at quarter end of $163.0 million compared to 123.4 million at the end of December 2025.
    • Royalty and net precious metal receipts1 of $6.2 million (2Q 2025: $2.8 million).
      • $4.6 million in net precious metal income (2Q 2025: $nil). The Company realized average net precious metal income margins of $83.26/oz1 on 54,999 ounces delivered for the period.
      • $1.6 million from royalty revenue (2Q 2025: $2.8 million).
    • Gross profit generated of $4.1 million (2Q 2025: $1.7 million).
    • Income from operations of $7.6 million (2Q 2025: loss of $0.2 million).
    • Operating cash flows of $4.7 million (2Q 2025: $1.8 million).
    • Adjusted EBITDA1 of $9.7 million or $0.14/share (Q2 2025: $1.1 million or $0.01/share).
    • Divested the capped Federation royalty for A$8 million in June 2026 after acquiring it for A$600,000 in February 2026.
    • Divested the capped i-80 offtake stream for $4.8 million in June 2026 after acquiring it for $2.7 million in September 2025.
    • Commodity mix breakdown: 83% gold and 17% other (predominantly copper and iron ore).

    Elemental Royalty Delivers Record Quarterly GEOs and Operating Cash Flow
    Denver, Colorado--(Newsfile Corp. - August 11, 2026) - Elemental Royalty Corporation (NASDAQ: ELE) (TSX: ELE) ("Elemental" or the…
    www.newsfilecorp.com


    Denver, Colorado--(Newsfile Corp. - August 11, 2026) - Elemental Royalty Corporation (NASDAQ: ELE) (TSX: ELE) ("Elemental" or the "Company") is pleased to report results for the three and six months ended June 30, 2026. For the quarter, Elemental delivered revenue of US$23.8 million, record quarterly GEOs1 of 5,248, record operating cash flow of US$15.5 million, and adjusted EBITDA1 of US$17.4 million.

    Q2 2026 Financial Highlights

    • Quarterly Revenue of US$23.8 million, the Company’s second highest quarterly result, and up 127% over revenue plus attributable share of Caserones in Q2 20251;
    • Record Gold Equivalent Ounces ("GEOs") of 5,248 for Q2 2026 (3,184 in Q2 2025), and record 10,231 GEOs for H1 2026 (7,790 in H1 2025);
    • Adjusted EBITDA of US$17.4 million, up 99% over adjusted EBITDA1 in Q2 2025, reflecting increased operating leverage and portfolio performance;
    • Record operating cash flow of US$15.5 million, up 8% over adjusted operating cash flow1 in the comparative period;
    • Cash and cash equivalents of US$74.2 million as of June 30, 2026, together with the Company’s undrawn credit facility, provide significant financial flexibility to support continued growth; and
    • On track to meet guidance of 17,000 — 21,000 GEOs for 2026, driven by material contributions from Karlawinda, Bonikro, Timok, and Caserones.

    Franco-Nevada Reports Q2 2026 Results
    /CNW/ -- Gold equivalent ounces sold in the quarter were 18% higher compared to the prior year period. Financial results benefited further from strong...
    www.newswire.ca


    TORONTO, Aug. 11, 2026 /CNW/ -- Gold equivalent ounces sold in the quarter were 18% higher compared to the prior year period. Financial results benefited further from strong year-over-year precious metal and oil prices in the quarter. Production for the portfolio is expected to be weighted to the second half of the year, largely due to the expected production profiles at Candelaria, Tocantinzinho and Côté Gold, among others. During the quarter, the Government of Panama allowed the processing of stockpiles at Cobre Panamá to commence and established a ministerial commission to consider the future of the mine. The Company is tracking towards the upper half of its annual guidance range for 2026 due to elevated oil prices and anticipated deliveries from the processing of stockpiles at Cobre Panamá.

    "Our portfolio is set to benefit from strong organic growth evidenced by resource increases, planned mine expansions and project advancements," stated Paul Brink, President & CEO. "With $4.3 billion in available capital, the Company is also well positioned to take advantage of a strong pipeline of deal opportunities."

    Financial Highlights – Q2 2026 compared to Q2 2025

    • $580.9 million in revenue, +57%.
    • 132,405 GEOs1 sold, +18%.
    • 122,205 Net GEOs1 sold, +20%.
    • $482.5 million in operating cash flow, +12%.
    • $529.7 million ($2.75/share) in Adjusted EBITDA2, +45%.
    • $354.0 million ($1.84/share) in net income, +43%.
    • $349.2 million ($1.81/share) in Adjusted Net Income2, +46%.
    • $4.3 billion in Available Capital3 as at June 30, 2026.

    Financial Highlights – H1 2026 compared to H1 2025

    • $1,231.6 million in revenue, +67% – new half-year record.
    • 268,758 GEOs sold, +13%.
    • 248,225 Net GEOs sold, +15%.
    • $1,002.9 million in operating cash flow, +39% – new half-year record.
    • $1,121.6 million in Adjusted EBITDA or $5.82/share, +63% – new half-year records.
    • $822.6 million in net income or $4.27/share, +80% – new half-year records.
    • $807.5 million in Adjusted Net Income or $4.19/share, +82% – new half-year records.

    GEOs Sold and Revenue

    Quarterly GEOs sold and revenue by commodity











    Q2 2026



    Q2 2025







    GEOs Sold



    Revenue



    GEOs Sold



    Revenue







    #



    (in millions)



    #



    (in millions)



    PRECIOUS METALS























    Gold



    91,224



    $

    403.0



    78,738



    $

    258.4



    Silver



    19,695





    83.5



    11,520





    38.1



    PGM



    3,192





    12.2



    2,191





    7.5







    114,111



    $

    498.7



    92,449



    $

    304.0



    DIVERSIFIED























    Iron ore



    2,037



    $

    9.1



    2,197



    $

    7.2



    Other mining assets



    573





    2.7



    900





    3.0



    Oil



    10,057





    45.3



    10,337





    30.6



    Gas



    4,398





    19.8



    4,243





    16.9



    NGL



    1,229





    5.3



    1,967





    5.0







    18,294



    $

    82.2



    19,644



    $

    62.7



    GEOs and revenue from royalty, stream and working interests



    132,405



    $

    580.9



    112,093



    $

    366.7



    Interest revenue and other interest income



    --



    $

    --



    --



    $

    2.7



    Total GEOs and revenue



    132,405



    $

    580.9



    112,093



    $

    369.4



    Year-to-date GEOs sold and revenue by commodity











    H1 2026



    H1 2025







    GEOs Sold



    Revenue



    GEOs Sold



    Revenue







    #



    (in millions)



    #



    (in millions)



    PRECIOUS METALS























    Gold



    182,382



    $

    839.9



    164,261



    $

    504.2



    Silver



    43,313





    197.0



    24,011





    75.2



    PGM



    6,396





    29.9



    4,800





    15.3







    232,091



    $

    1,066.8



    193,072



    $

    594.7



    DIVERSIFIED























    Iron ore



    5,831



    $

    26.2



    6,085



    $

    19.6



    Other mining assets



    1,976





    8.8



    2,457





    7.4



    Oil



    17,463





    78.8



    23,830





    65.5



    Gas



    8,977





    40.4



    8,742





    34.3



    NGL



    2,420





    10.6



    4,492





    10.7







    36,667



    $

    164.8



    45,606



    $

    137.5



    GEOs and revenue from royalty, stream and working interests



    268,758



    $

    1,231.6



    238,678



    $

    732.2



    Interest revenue and other interest income



    --



    $

    --



    --



    $

    5.6



    Total GEOs and revenue



    268,758



    $

    1,231.6



    238,678



    $

    737.8

    Blue Moon Metals Acquires 33 Tungsten and Antimony Projects in the Western United States Becoming a Significant U.S. Tungsten, Germanium, Gallium and Antimony Owner in the U.S.

    Blue Moon Metals Acquires 33 Tungsten and Antimony Projects in the Western United States Becoming a Significant U.S. Tungsten, Germanium, Gallium and Antimony Owner in the U.S.
    /PRNewswire/ -- Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (NASDAQ: BMM), is pleased to announce the acquisition of a portfolio of 33...
    www.prnewswire.com

    Empress Reports 2026 Second Quarter Financial Results

    VANCOUVER, BC / ACCESS Newswire / August 10, 2026 / Empress Royalty Corp. (TSXV:EMPR)(OTCQX:EMPYF) ("Empress" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2026, highlighting continued portfolio performance, disciplined execution, and strong year-over-year growth.

    "Our first half 2026 results demonstrate the increasing scale and financial strength of Empress, with six month revenue increasing 166% to over US$17M and income from operations increasing 285% to US$10M," stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. "We ended the quarter with US$21M in cash, gold and silver, providing significant flexibility to pursue new investment opportunities. With growing cash flow from our existing portfolio, we remain focused on disciplined capital allocation, portfolio expansion and building sustainable long term value for our shareholders."

    Key Financial and Operating Highlights for the Six and Three Months Ended June 30, 2026

    (All figures are in U.S. dollars unless otherwise noted)

    • Revenue Growth: Generated US$17.3M in revenue for the six months ended June 30, 2026, an increase of 166% from US$6.5M in the comparative 2025 period, including US$8.2M in second quarter revenue.
    • Gross Profit Expansion: Achieved a six-month gross profit of US$12.8M (a 184% increase compared to US$4.5M in the first half of 2025), supported by US$6.0M delivered in Q2, underscoring high-margin performance across portfolio assets.
    • Triple-Digit Operational Income: Generated US$10.0M in income from operations, a 285% increase from US$2.6M in the comparative 2025 period.
    • Strengthening Financial Position: Total combined liquid reserves expanded to US$21.1M at June 30, 2026, driven by a US$1.9M six-month increase in cash to US$5.1M and a US$12.1M expansion in liquid metals holdings to US$16.0M.
    • Profitable Net Earnings: Delivered six-month net income of US$3.9M in Q2 2026, compared with US$1.6M in the first half of 2025. Results include a US$4.7M non-cash fair value remeasurement loss on metal holdings due to short-term gold and silver market price declines and US$1.0M in income taxes.

    These strong results reflect the continued performance from the Company's producing royalty and streaming portfolio and provide Empress with a strong financial foundation to pursue additional investment opportunities.

    The financial statements and accompanying Management's Discussion and Analysis (MD&A) have been filed on SEDAR+ (www.sedarplus.ca) and are also available on the Company's website at www.empressroyalty.com.

    https://www.accessnewswire.com/newsroom/en/metals-and-mining/empress-reports-2026-second-quarter-financial-results-1205939

    Altius Reports Q2 2026 Attributable Royalty Revenue of $30.0M and Adjusted Earnings(1) of $7.6M

    https://www.businesswire.com/news/home/20260810661066/en/Altius-Reports-Q2-2026-Attributable-Royalty-Revenue-of-%2430.0M-and-Adjusted-Earnings1-of-%247.6M


    ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports its second quarter revenue of $23.2 million compared to $9.8 million in Q2 2025. Net earnings of $8.6 million ($0.16 per share) compared to net earnings of $5.5 million ($0.12 per share) in Q2 2025.

    Q2 2026 attributable royalty revenue(1) of $30.0 million ($0.53 per share(1)) compares to $12.7 million ($0.27 per share) reported in Q2 2025. Royalty revenue reflects higher realized prices, timing of copper stream deliveries, the addition of four operating lithium royalties, as well as higher electricity royalty revenue.

    Operating Royalty Portfolio Performance

    Summary of attributable royalty revenue

    Q2 2026

    Q1 2026

    Q2 2025

    Base metals

    $

    9,425

    $

    9,103

    $

    4,633

    Potash


    5,036


    4,507


    4,115

    Electricity#


    6,066


    3,594


    2,100

    Lithium


    6,433


    5,429


    61

    Iron ore##


    1,562


    1,562


    1,122

    Interest and investment


    1,475


    2,573


    638

    Attributable royalty revenue

    $

    29,997

    $

    26,768

    $

    12,669

    # ARR and GBR amounts presented at their effective ownership percentages of 57% and 29%, respectively

    ## Labrador Iron Ore Royalty Corporation dividends

    Adjusted EBITDA(1) of $23.3 million ($0.42 per share) compares to $7.5 million ($0.16 per share) in Q2 2025.

    Adjusted operating cash flow(1) for the second quarter of 2026 was $14.0 million ($0.26 per share) compared to adjusted operating cash flow of $4.7 million ($0.10 per share) in Q2 2025 reflecting higher royalty receipts and interest income offset by higher tax payments and working capital changes.

    Net earnings reflect higher revenues and higher expenses including costs of sales, general and administrative, share based compensation and amortization. In Q2 2025 tax recoveries from recognition of certain tax losses positively impacted net earnings.

    Adjusted net earnings per share(1) of $0.14 is higher than $0.03 per share reported in Q2 2025.

    Discovery Announces Continued Exploration Success at Borden, Extends Main Zone Over Half a Kilometre

    August 10, 2026 Download(opens in new window)

    • Underground drilling continues to confirm and expand Main and East Lower Zones (ELZ)1,2,3
      • Main Zone: 9.16 gpt over 25.9m including 18.40 gpt over 4.0m and including 21.52 gpt over 4.8m; 7.01 gpt over 10.2m; 7.63 gpt over 8.6m; 4.75 gpt over 19.3m, including 7.90 gpt over 5.0m; 9.23 gpt over 14.0m, including 13.41 gpt over 8.3m; and 12.79 gpt over 7.3m including 18.45 gpt over 4.4m
      • East Lower Zone: 6.92 gpt over 12.9m, including 9.16 gpt over 7.3m; 13.33 gpt over 13.2m, including 31.04 gpt over 4.7m; 5.25 gpt over 15.4m, including 10.09 gpt over 5.5m; and 10.21 gpt over 3.9m
    • Surface drilling extends Main Zone over half a kilometre down plunge to the northeast1,2,3
        • 6.34 gpt over 8.7m, including 11.04 gpt over 3.7m
    1. All assays are reported uncut.
    2. In this news release, “gpt” refers to grams per tonne, and “m” refer to metres.
    3. Intervals are reported using both true widths and core lengths.

    TORONTO, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Discovery Mining Ltd. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today reported results from ongoing exploration at the Company’s Borden Mine, as part of the Company’s 255,000 – 285,000 m 2026 exploration program. The results, which include 21 holes (7,036 m), continued to confirm and expand mineral resources and also significantly extended mineralization in the Main Zone, the primary source of current production at the Borden operation.

    Tony Makuch, Discovery’s President, CEO and Chairman, commented: “Exploration drilling at Borden continues to generate excellent results. Borden includes an extensive land position in a highly-prospective, under explored, greenstone belt in the Abitibi. Today’s results include further progress with resource conversion and expansion drilling in the Main and East Lower zones, where we continue to produce intersections that as good, or better, than those included the current resource model. In addition, we have been ramping up surface drilling to begin accessing Borden’s larger-scale potential of growth. Early results from surface drilling have been very encouraging, including returning intersections that extend the Main Zone by over half a kilometre down plunge to the northeast from the current inferred resource. These results highlight the prospectivity of the area and are a great start to our plan to build-out the Borden operation. We plan to continue drilling to the northeast to find additional extensions as work to demonstrate that there is much more gold to be discovered on our 1,000 km2 land position in the Abitibi near Chapleau.”

    Kimbell Royalty Partners Announces Record Second Quarter 2026 Results

    Kimbell Royalty Partners Announces Record Second Quarter 2026 Results
    Record Oil, Natural Gas and NGL Revenues, Record Lease Bonus and Other Income, Record Net Income, Record Consolidated Adjusted EBITDA and Record Cash…
    www.prnewswire.com


    Second Quarter 2026 Highlights

    • Record Q2 2026 daily production of 25,830 barrels of oil equivalent ("Boe") per day (6:1)
      • Includes 9 days of production from the Company's $145.9 million acquisition of Mesa Royalties (the "Acquired Production"), which closed on June 22, 2026 with an effective date of June 1, 2026
      • Following the closing of the Acquired Production on June 22, 2026, run-rate production was 26,967 Boe per day (6:1)
    • Record Q2 2026 oil, natural gas and NGL revenues of $103.0 million
    • Q2 2026 net income of approximately $47.3 million and net income attributable to common units of approximately $38.4 million
    • Record Q2 2026 consolidated Adjusted EBITDA of $84.9 million
    • On June 24, 2026, the borrowing base and aggregate commitments on Kimbell's secured revolving credit facility were increased from $625 million to $660 million
    • As of June 30, 2026, Kimbell's major properties2 had 7.39 net DUCs and net permitted locations on its acreage compared to an estimated 7.20 net wells needed to maintain flat production
    • As of June 30, 2026, Kimbell had 91 rigs actively drilling on its acreage, representing approximately 16% market share of all land rigs drilling in the continental United States as of such time
    • Announced a Q2 2026 cash distribution of $0.47 per common unit, reflecting a payout ratio of 75% of cash available for distribution; implies a 13.0% annualized yield based on the August 6, 2026 closing price of $14.51 per common unit; Kimbell intends to utilize the remaining 25% of its cash available for distribution to repay a portion of the outstanding borrowings under Kimbell's secured revolving credit facility
    • During Q2 2026, Kimbell repurchased and cancelled 500,000 of its common units for an aggregate purchase price of approximately $7.4 million (average price of $14.70 per unit)
    • Kimbell affirms its financial and operational guidance ranges for 2026 previously disclosed in its Q4 2025 earnings release and expects to update guidance upon the closing of the Drop Down acquisition previously announced on July 17, 2026