Sailfish Royalty Corp. Declares First Quarter 2022 Dividend and Provides Share Buyback Update TORTOLA, British Virgin Islands ,
Sailfish Royalty Corp. Declares First Quarter 2022 Dividend and
Provides Share Buyback Update
TORTOLA,
British Virgin Islands
,
March 7, 2022
/CNW/ - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "
Company
" or "
Sailfish
") is
pleased to announce that a quarterly dividend of
US$0.0125
per common share will be payable on
April 15, 2022
to Sailfish shareholders of record as of
the close of business on
March 31
, 2022. Sailfish is also pleased to report that the Company continues to purchase its common shares under the current
Normal Course Issuer Bid and that 1,948,700 common shares have been purchased and cancelled since
July 13, 2021
.
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are two main assets in the Americas: a gold stream equivalent to a
3% NSR on the San Albino gold mine (~3.5 sq. km) and a 2% NSR on the area (~134.5 sq. km) surrounding San Albino in northern
Nicaragua
; and an up
to 3% NSR on the multi-million ounce
Spring Valley
gold project in
Pershing County, Nevada
.
Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF." Please visit the Company's
website at
www.sailfishroyalty.com
for additional information.
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.
Cautionary statement regarding forward–looking information
Certain disclosures in this release constitute "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking
statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans,
anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions. Forward-looking statements also include reference to
events or conditions that will, would, may, could or should occur, including, without limitation, statements regarding the Company's dividend policy and
the Company's intention to pay a quarterly dividend and the continuance of purchasing shares under the current normal course issuer bid. In making the
forward-looking statements in this news release, the Company has applied certain factors and assumptions that the Company believes are reasonable,
including that the Company's financial position will allow it to pay quarterly dividends in accordance with the dividend policy and to purchase common
shares. However, the forward-looking statements in this news release are subject to numerous risks, uncertainties and other factors that may cause
future results to differ materially from those expressed or implied in such forward-looking statements, including without limitation: that a quarterly
dividend will not be payable in accordance with the dividend policy or at all and that no common shares will be purchased under the current normal
course issuer bid. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking
information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to
update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance
with applicable securities laws.
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SOURCE
Sailfish Royalty Corp.
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%SEDAR: 00044073E
For further information:
Cesar Gonzalez, CEO, tel. 203-862-7009 or Akiba Leisman, Executive Chairman of the Board, tel. 203-862-7059.
CO: Sailfish Royalty Corp.
CNW 07:30e 07-MAR-22