Sailfish Royalty Corp. · TSXV:FISH
Sailfish Royalty — Investor Presentation (May 2026)
22 slides from Sailfish Royalty's investor presentation, May 2026
Slide 1: Corporate Presentation
May 2026 Corporate Presentation TSXV: FISH OTCQB: TSXV: FISH SROYF 1 OTCQB: SROYF
Slide 2: Forward-looking Statements
Forward-looking Statements DISCLAIMER Certain information contained herein, other than information relating to Sailfish Royalty Corp. (“Sailfish” or the “Corporation”), while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. The contents of th
Slide 3: Technical and Third-Party Information
Technical and Third-Party Information TECHNICAL AND THIRD-PARTY INFORMATION This presentation includes market, industry and economic data which was obtained from various publicly available sources and other sources believed by Sailfish to be true. Although Sailfish believes it to be reliable, it has
Slide 4: Sailfish is a precious metals royalty and streaming company
Sailfish is a Precious precious metals Metals Royalty & Assets are focused in the Americas Streaming royalty and Company streaming Company Backed by Wexford Capital LP (“Wexford”), a well-funded Sailfish has net cash investor that was part of the Strong Strong Balance of over US$128 Backing Sheet mi
Slide 5: Solid Gold Equivalent Ounce Profile
Solid Gold Equivalent Ounce Profile 6,000 5,000 559 559 559 451 4,000 - 3,000 3,280 3,280 3,280 3,280 2,000 3,280 993 1,000 992 992 992 751 800 0 - 2025A** 2026E 2027E 2028E 2029E 2030E Silver Option 993 559 559 559 451 - 11-Yr Gold Stream* 0 3,280 3,280 3,280 3,280 3,280 San Albino 751 992 992 992
Slide 6: Capital Structure
Capital Structure Sailfish is backed by a well-funded investor with a successful track record in the resources sector Ownership TSX-V / OTCQB listings FISH / SROYF Price (1) C$3.88 High – Low (52 weeks) (1) C$5.25– C$1.74 Other, 28.6% Shares outstanding 76.9 million Options 3.49 million (avg C$1.38
Slide 7: Investment Highlights
Investment Highlights Cash flow from New 11 Year Gold Stream & San Albino Solid Cash Flow Solid Balance Sheet Returning Value to Shareholders Following the sale of Spring Valley and Moonlight, Cash flow from New 11 Year Gold Stream and Las Share repurchases Conchitas Sailfish Royalty now has net cas
Slide 8: Timeline & Catalysts
Timeline & Catalysts • Sold Spring Valley Royalty for US$168M after tax cash • Closed the Mt. Hamilton Transaction for a New Eleven 2026 Year Gold Stream • Tripled the Dividend to US$0.15 per share 2025 • Spring Valley Permitted • Adoption of a Dividend Reinvestment Plan • Exercise of Silver Purchas
Slide 9: Comparable Valuations
Comparable Valuations Price to Net Asset Value 2.15x 2.02x 1.89x 1.54x 1.36x 1.40x 1.17x 1.12x 0.91x 0.86x 0.79x 0.79x Gold Royalty Visla Royalty Metalla Royalty Elemental Royalty Sailfish Royalty Vox Royalty Osisko Gold Triple Flag Royal Gold Versamet Royalties Franco Nevada Wheaton Precious Royalt
Slide 10: Sailfish has an industry-leading dividend yield
Return of capital to shareholders Sailfish has an industry -leading dividend yield Dividend Yield % 6.00% 5.29% 5.00% 4.00% 3.00% 2.00% 0.93% 1.00% 0.68% 0.63% 0.57% 0.55% 0.47% 0.00% Sailfish VOX Royal Gold Triple Flag Fraco Nevada Wheaton Osisko TSXV: FISH 10 OTCQB: SROYF Source: S&P Capital IQ an
Slide 11: Management Team
Management Team Inline with the strategy of Paolo Lostritto, P.Eng CEO and Director Akiba Leisman Co-Founder and Executive Chairman keeping G&A to a Paolo Lostritto has an extensive background in mining capital markets and working with companies across the globe since 1997. Paolo has helped Akiba Le
Slide 12: Total Asset Portfolio
Total Asset Portfolio Ability to invest globally, with a focus on the Americas A diverse portfolio of precious metals royalties and streams 11-Yr Corporate Gold Stream 11-year corporate gold stream starting (3) Gavilanes Durango, Mexico 2.0% NSR on Gavilanes Silver Project3 La Cigarra Chihuahua, Mex
Slide 13: NEW Corporate Gold Stream
• Sailfish will receive a stream of 341.7 oz Au per month for 60 months at 20% of the LBMA PM Fix; and • A put/call structure in place adjusting the monthly stream amount, if NEW Corporate necessary, so that Sailfish will not receive: • Less than the net equivalent of US$738,000 per month, which is
Slide 14: San Albino Gold Stream Location Map
Location Map San Albino Gold Stream Exposure to a highly prospective gold district • San Albino Gold Stream covers 3.5 sq. km • In addition, there is a 2% NSR on a 134.5 sq. km area surrounding region of the Gold Stream MKO Properties • There are numerous exploration targets on Mako’s Nicaraguan lan
Slide 15: San Albino
Location Status Operator Nueva Segovia, Open Pit Nearly Mako Mining Corp. Nicaragua complete. Assessing potential Underground Mine Average Royalty Type Annual Stream equivalent Open pit with Production to a 3% NSR (2) San Albino potential Underground was ~35,000 oz AuEq Stream equivalent to a 3% NSR
Slide 16: Las Conchitas
Location Status Operator Nueva Segovia, Operation Mako Mining Corp. Nicaragua Mine Average Royalty Type Annual 2% NSR (1) Open pit with Production Las Conchitas potential underground ~40,000 oz AuEq per annum 2% NSR on a district-scale land package Now Operating at Steady State Term Upfront Ongoing
Slide 17: El Compas
Location Status Operator 1 km south of Mining operations Grupo ROSGO, S.A. Zacatecas City, suspended (1) de C.V. Zacatecas State, Mexico Mine Average Royalty Type Annual 1.5% NSR, on the Underground / Production majority of the El Compas flotation CIP Mining operations concessions, including those s
Slide 18: La Cigarra
Location Status Operator Parral Silver District, Resource released Kootenay Silver Inc. Chihuahua State, early 2024 (M&I Mexico 60.56 Moz AgEq1 + Inf 12.85 Moz AgEq1) Mine Average Royalty Type Annual 1% NSR, on the Parral Not yet specified, Production 2 claim, which La Cigarra but potential for open
Slide 19: Gavilanes
Location Status Operator San Dimas mining Early stage Sailfish De Mexico district, Durango exploration State, Mexico Property Description Low-sulphidation epithermal deposit located in the San Dimas mining district of Durango, Mexico, ~23 km northeast of the San Dimas mine Gavilanes owned and operat
Slide 20: Appendix
Appendix
Slide 21: San Albino + Las Conchitas Mineral Resources
San Albino + Las Conchitas Mineral Resources (1) October 31, 2023 NI 43-101 Mineral Resource Summary (1) The San Albino Project open pit and underground mineral resource includes a Measured and Indicated mineral resource of 670,100 tonnes at a diluted grade of 11.61 grams per tonne (g/t) Au for 250,
Slide 22: Thank you!
Thank you! Location: Telephone: Investor Sailfish Royalty Corp. +1 284-494-6401 Relations: Sea Meadow House Deborah Honig Adelaide Capital P.O. Box 116 Email: Road Town, Tortola +1 647-203-8793 info@sailfishroyalty.com British Virgin Islands VG1110 deborah@adcap.ca TSXV: FISH 22 OTCQB: SROYF