Royalties Inc. Acquires an Additional $525,000 in Shares of Music Royalties Inc.

Royalties Inc. (CSE: RI,OTC:ROYIF) (OTCID: ROYIF) (or "the Company") is pleased to announce that it has entered into an acquisition agreement for the purchase of an additional 1,050,000 common shares of Music Royalties Inc. ("MRI") at a price of $0.50 per share with a value of $525,000 from two private investors in exchange for the issuance of 8,750,000 shares in Royalties Inc. MRI is a Toronto-based private company that acquires passive music royalties on iconic songs from rightsholders (artists, producers and songwriters) which holds a portfolio of 31 cash-flowing music royalties. MRI pays a monthly dividend generating a 7.2% annual yield and has paid out over $12 million in 67 dividend payments since 2019. The Company will now hold 5.05 million shares in MRI at a cost of $2.525 million, generating $181,800 in annual dividend income which combined with the income from the company's other royalties will fully cover corporate overhead costs.

All securities issued pursuant to this acquisition will have a legend with a hold period of four months and one day from the date of issuance.

About Royalties Inc.

  • Royalties Inc. owns a 100% interest, subject to a 1.5% NSR owned as a separate asset, on the Bilbao silver-zinc-lead project located in the State of Zacatecas, Mexico.

  • Royalties Inc. owns 88% of the outstanding shares of Minera Portree de Zacatecas, S.A. de C.V ("MPZ") which holds an asserted claim backed by a court approved judgment on June 16, 2025 to a 2% net smelter royalty established in 2002 on five mining concessions called the 'Portree claims', a portion of which is on the Mala Noche Footwall Zone (under the tailings pond), the main source of production at the Cozamin mine where Capstone Copper Corp. ("Capstone") has been mining since 2010. Capstone assigned this royalty to themselves without the knowledge or proper payment to MPZ, the longstanding and rightful owner, in August 2019. MPZ filed civil and criminal lawsuits in Zacatecas in 2021 to invalidate the contract to transfer ownership, which has now been officially supported by the court. Despite MPZ's legal victory, Capstone appealed the decision to the Supreme Court of the State of Zacatecas.

  • Royalties Inc. has a 3.9% stake in Music Royalties Inc. ("MRI"), which has acquired 31 cash-flowing catalogs and paid out over $12 million in dividends since 2019 from 7,000 songs generating a 7.2% annual yield.

For further information contact Royalties Inc. at www.royaltiesinc.com

Tim Gallagher 
CEO & Director
(416) 925‐0090 

Connor Gallagher 
Investor Relations
(647) 921-2206

Andrew Robertson
Director
(416) 317-0137

Neither the CSE, OTC Markets nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of those terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to: sufficient capital and financing required in order to fulfill the Company's business plans and strategy may not be obtained as expected; that the Company will not be able to pay future dividends; and other risks related to the Company as disclosed in the documents filed on the Company's profile at SEDAR+ at www.SEDARplus.ca. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements contained in this press release and they are expressly qualified in their entirety by this cautionary statement. The forward-looking statements herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. The Company does not undertake any obligation to update publicly or revise any such forward-looking statements whether as a result of new information, future events or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264434

News Provided by Newsfile via QuoteMedia

RI:CC
The Conversation (0)
JZR Gold Announces Extension to Previously Granted Options

JZR Gold Announces Extension to Previously Granted Options

(TheNewswire) February 10, 2026 TheNewswire - Vancouver, British Columbia, Canada – JZR Gold Inc. (the "Company" or "JZR") (TSX-V: JZR) today announces that subject to applicable shareholder and TSX Venture Exchange approvals, the Board of Directors of the Company has approved the amendment of... Keep Reading...
Earthwise Minerals Completes Private Placement and Makes Changes to the Management Team

Earthwise Minerals Completes Private Placement and Makes Changes to the Management Team

VANCOUVER, BC / ACCESS Newswire / February 10, 2026 / Earthwise Minerals Corp. (CSE:WISE,OTC:HWKRF)(FSE:966) ("Earthwise" or the "Company") is pleased to announce that it has completed its non-brokered private placement financing (the "Offering") announced January 30, 2026. The Company has... Keep Reading...
Locksley Resources' Underground Mapping Reveals Major New Target Boosting High-Grade Antimony Potential at its Mojave Project Desert Antimony Mine

Locksley Resources' Underground Mapping Reveals Major New Target Boosting High-Grade Antimony Potential at its Mojave Project Desert Antimony Mine

Locksley Resources Limited (ASX: LKY; OTCQX: LKYRFADR: LKYLY) announced a major new target zone revealed by underground mapping at its Desert Antimony Mine (DAM), part of the company's Mojave Project. This notable finding, the Beefeater Shear, is a shear zone corridor mapped at widths of up to... Keep Reading...
Rio Silver Now Trading on U.S. OTCID Market, Expanding Access for United States and Global Investors

Rio Silver Now Trading on U.S. OTCID Market, Expanding Access for United States and Global Investors

Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) ("Rio Silver" or the "Company") today announced that its common shares are now trading on the U.S. OTCID Market, expanding access for United States and global investors to participate in the Company's silver-focused growth strategy. The OTCID uplisting... Keep Reading...
Sranan Gold Acquires Lawantino Gold Project Situated Along the Prolific Antino-Sela Creek Trend, Suriname

Sranan Gold Acquires Lawantino Gold Project Situated Along the Prolific Antino-Sela Creek Trend, Suriname

Sranan Gold Corp. (CSE: SRAN) (OTCQB: SRANF) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") is pleased to announce that it has entered into an option agreement (the "Agreement") with Lawantino N.V. (the "Vendor") to acquire up to a 100% interest in the 18,468-hectare Lawantino Gold... Keep Reading...
1911 Gold Delivers Positive PEA for True North Highlighting Robust Economics with Low Capital Intensity and High Returns

1911 Gold Delivers Positive PEA for True North Highlighting Robust Economics with Low Capital Intensity and High Returns

1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB,OTC:AUMBF) (OTCQX: AUMBF) (FRA: 2KY) is pleased to announce significant positive results from the independent Preliminary Economic Assessment ("PEA") for the True North Gold Project ("True North"), located in southeastern Manitoba,... Keep Reading...

Interactive Chart

Latest Press Releases

Related News