Tuesday, 02 January 2024 12:17 GMT

Royalties Inc. Acquires An Additional $500,000 In Shares Of Music Royalties Inc.


(MENAFN- Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - July 30, 2025) - Royalties Inc. (CSE: RI) (OTCID: ROYIF) ("the Company ") is pleased to announce that it has entered into an acquisition agreement for the purchase of an additional 1 million common shares of Music Royalties Inc. ("MRI") at a price of $0.50 per share with a value of $500,000 from a private investor in exchange for the issuance of 8,333,333 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 66 dividend payments since 2019. The Company will now hold 4 million shares in MRI at a cost of $2 million, generating $144,000 in annual dividend income. RI intends to acquire additional shares in MRI as they become available, in order to become cash flow positive.

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 the MPZ's legal victory, the claim continues to be challenged by Capstone.
  • 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.

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