Business
Sailfish Enters into Amended Agreements with Mako Mining for Enhanced Gold Stream on Mt. Hamilton Project
Tortola, British Virgin Islands--(Newsfile Corp. - February 17, 2026) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce that, further to its news release dated November 26, 2025 and February 10, 2026, the Company has entered into amended agreements with Mako Mining Corp. ("Mako") and Mako US Corp. ("Mako US") to restructure the consideration payable to Sailfish in connection with the disposition (the "Disposition") of all issued and...
About this update from Sailfish Royalty Corp.
[{"type":"text","content":"Tortola, British Virgin Islands--(Newsfile Corp. - February 17, 2026) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce that, further to its news release dated November 26, 2025 and February 10, 2026, the Company has entered into amended agreements with Mako Mining Corp. ("Mako") and Mako US Corp. ("Mako US") to restructure the consideration payable to Sailfish in connection with the disposition (the "Disposition") of all issued and outstanding membership interests of Mt. Hamilton LLC ("MH LLC"), which owns the permitted Mt. Hamilton Gold-Silver Project located in White Pine County, Nevada, USA (the "Property").","length":745,"tagName":"p"},{"type":"text","content":"Pursuant to the amended and restated purchase and sale agreement dated February 14, 2026 (the "Amended Disposition Agreement"), Sailfish will receive an amended gold stream (the "Amended Stream") in exchange for the transfer of legal title to the MH LLC interests, replacing the previously announced five-year gold stream and subsequent 2% NSR royalty.","length":372,"tagName":"p"},{"type":"text","content":"Amended Gold Stream","length":19,"tagName":"p"},{"type":"text","content":"Pursuant to the terms of the amended stream agreement dated February 14, 2026 (the "Amended Stream Agreement"), Sailfish will receive a gold stream for an aggregate term of 132 months from the date of the second closing (the "Second Closing"), structured as follows:","length":286,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"during the initial 60 months of the term, a monthly delivery of gold whereby Sailfish will purchase from Mako 341.7 troy ounces of gold at a price equal to 20% of the London Bullion Market Association PM Fix price, but in any event not less than US$2,700 per ounce of gold and not more than US$3,700 per ounce of gold; and","length":322,"tagName":"p"}]},{"val":[{"type":"text","content":"during the final 72 months of the term, a monthly delivery of gold whereby Sailfish will purchase from Mako 100 troy ounces of gold at a price equal to 20% of the London Bullion Market Association PM Fix price with no ceiling or floor limitations associated with such price.","length":274,"tagName":"p"}]}...