Sailfish Royalty Declares Q4 2022 Dividend and AGM Results TORTOLA, British Virgin Islands ,
Sailfish Royalty Declares Q4 2022 Dividend
and AGM Results
TORTOLA,
British Virgin Islands
,
Dec. 9, 2022
/CNW/ - Sailfish Royalty Corp. (TSXV: FISH)
(OTCQX: SROYF) (the "
Company
" or "
Sailfish
") is pleased to announce that its Board of Directors
has declared the Company's fourth quarterly cash dividend for 2022 in the amount of
US$0.0125
per
common share that will be payable on
January 16, 2023
to Sailfish shareholders of record as of the
close of business on
December 31, 2022
.
The declaration, timing, amount, and payment of future dividends will be subject to the discretion and
approval of the Board of Directors. The Company will review the dividend policy on an ongoing basis
and may amend it at any time depending on the Company's then current financial position, capital
allocation framework, profitability, cash flow, legal requirements and other factors considered
relevant. As such, no assurances can be made that any future dividends will be declared and/or
paid. Dividend payments may be subject to withholding taxes.
AGM Results:
The Company is also pleased to report that all matters were approved at the Company's Annual
General shareholders meeting (the "
Meeting
") held on
December 8
, 2022. At the Meeting the
Company's shareholders re-elected all of the Company's current board of directors,
Paolo Lostritto
,
Walter Reich
,
Alessandro Palladino
,
Michael Starogiannis
and
Akiba Leisman
as well as approved
the re-appointment of the Company's current auditor, PricewaterhouseCoopers LLP. The Company's
shareholders also approved the adoption of a new 10% rolling stock option plan in accordance with
the requirements of the TSX Venture Exchange.
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 rest of the area (~134.5 sq. km) surrounding San Albino in northern
Nicaragua
; and an up to 3% NSR on the
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. 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. 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. 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.
SOURCE
Sailfish Royalty Corp.
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For further information:
Paolo Lostritto, CEO, tel. 416-602-2645 or Akiba Leisman, Executive
Chairman of the Board, tel. 203-862-7059.
CO: Sailfish Royalty Corp.
CNW 07:00e 09-DEC-22