Royalties Inc. Acquires $500,000 in Shares of Music Royalties Inc.
Royalties Inc. Acquires $500,000 in Shares of
Music Royalties Inc.
Toronto, Ontario--(Newsfile Corp. - June 18, 2025) -
Royalties Inc. (CSE: RI) (OTC Pink: ROYIF) (
or
"the
Company
") is pleased to announce that it has entered into an acquisition agreement for the
purchase of 1 million common shares of Music Royalties Inc. ("MRI") at a price of $0.50 per share with a
value of $500,000 from Quinsam Capital Corporation (CSE: QCA) in exchange for the issuance of
12,500,000 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 30 cash-flowing music royalties. MRI pays a monthly dividend generating a 7.2% annual yield
and has paid out over $11 million in 65 dividend payments since 2019. The Company will now hold 3
million shares in MRI generating $108,000 in annual dividend income.
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 lien) 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, 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, consent 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 and a judgment is expected imminently. The
claim is challenged by Capstone (TSX:CS).
https://capstonecopper.com/operations/cozamin/
Royalties Inc. has a 2% stake in
Music Royalties Inc
. ("MRI"), which has acquired 30 cash-flowing
catalogs and paid out over $11 million in dividends since 2019 from 30 cash-flowing catalogs
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, 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/256039