Business
Royalties Inc. Reports Yearend Results for 2025
Toronto, Ontario--(Newsfile Corp. - March 20, 2026) - Royalties Inc. (CSE: RI) (OTCID: ROYIF) (or "the Company") reports its results for the year ended December 31, 2025. This news release should be read in conjunction with the Company's audited financial statements and the associated management's discussion and analysis (MD&A) for the year ended December 31, 2025 which are available on the Company's website at www.royaltiesinc.com or under the Company's profile on SEDAR+ at www.SEDARplus.ca.Key
About this update from Royalties, Inc.
Toronto, Ontario--(Newsfile Corp. - March 20, 2026) - Royalties Inc. (CSE: RI) (OTCID: ROYIF) (or "the Company") reports its results for the year ended December 31, 2025. This news release should be read in conjunction with the Company's audited financial statements and the associated management's discussion and analysis (MD&A) for the year ended December 31, 2025 which are available on the Company's website at www.royaltiesinc.com or under the Company's profile on SEDAR+ at www.SEDARplus.ca. Key Milestone in 2025 - Success on Capstone Copper Lawsuit for 2% NSR on Cozamin Mine Royalties Inc. made significant progress advancing the strategies on its 3 strategic investments: 1) won the lawsuit and the appeal in the State of Zacatecas against Capstone Gold S.A. de C.V. to recognize a 2% NSR, which is a cash flowing royalty on the Portree claims, part of the Cozamin Mine; the Federal and final appeal is expected to be resolved in the next few months in the Company's favour as the Federal Prosecutor recommended denying Capstone's Amparo. The Company estimates it is owed over US$10 million in royalties on production since 2019 before interest and damages, plus the estimated value of the royalty of US$25 million. 2) the breakout in the silver price, has exponentially increased the potential value of the Bilbao silver-zinc-lead property in Zacatecas, according to the updated economic model prepared by SLR Consulting. Accordingly, the Company is working on a plan to expand the resource with a new drill campaign and spin off the asset. 3) the Company increased ownership in Music Royalties Inc. ("MRI") by $1,525,000 to $2,525,000, which will provide dividends of $181,800 in 2026. Results of Operations In 2025, the Company generated record revenue of $143,881 (+32%), consisting of $117,600 in dividend income from its increased investment in MRI and $26,278 in other royalty income. Operating expenses totaled $316,945 (+28%), due to the OTC US listing, legal expenses and increased marketing commensurate with the success in the lawsuit against Capstone Copper, leading to an operating loss of $173,064 versus $139,130 in the prior year. A non-cash foreign exchange gain of $134,776 on a US$2 million denominated contingent liability of a Mexico subsidiary resulted in a net loss of $38,288 for the year, compared with ...