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Sailfish Royalty Comments on Recent Trading Activity TORTOLA, British Virgin Islands ,

Company Commentary

Sailfish Royalty Comments on Recent Trading

Activity

TORTOLA,

British Virgin Islands

,

Oct. 23, 2018

/CNW/ - At the request of IIROC, Sailfish Royalty

Corp. (TSX-V: FISH) ("Sailfish" or the "Company") wishes to confirm that the Company's

management is unaware of any material change in the Company's operations that would account for

the recent increase in market activity.

Shareholders are reminded that the Company's annual and special meeting of shareholders is

scheduled to be held at

1:30 p.m. Pacific Time

on

Oct. 30, 2018

, at the offices of McMillan LLP,

Suite 1500, 1055 West Georgia St.,

Vancouver, B.C.

, V6E 4N7. At the meeting, shareholders will

be asked to approve, among other things, the restructuring of the Company's gold stream on the

San Albino gold project. Further information is available in the Company's information circular, which

is available on Sailfish's SEDAR profile at

www.sedar.com

.

Sailfish is a yield-focused royalty company. Sailfish owns the TZ Royalty, which is a 3.5% royalty on

revenues derived from the sale of gold on Eldorado Gold Corp.'s advanced stage Tocantinzinho gold

project, and also holds a gold stream agreement on the San Albino gold project in

Northern

Nicaragua

.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

SOURCE

Sailfish Royalty Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/October2018/23/c5831.html

%SEDAR: 00044073E

For further information:

Akiba Leisman, Chief Executive Officer, Tel: 203-862-7069, Email:

[email protected]

CO: Sailfish Royalty Corp.

CNW 13:36e 23-OCT-18