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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Orogen Royalties Sells the Los Coyotes Silver-Gold Project to Fresnillo

Mergers & Acquisitions Property Options & Staking

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

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Orogen Royalties Sells the Los Coyotes Silver-Gold Project to Fresnillo

Vancouver, B.C . August 5, 2025 (TSX.V:OGN) (OTC:OGN NF) Orogen Royalties Inc. (" Orogen" or the

"Company") is pleased to announce that the Company has signed a purchase and sale agreement (the

“Agreement”) with a subsidiary of Fresnillo plc (“Fresnillo”) whereby Fresnillo has acquired the Los

Coyotes silver-gold project, located in Sonora Mexico.

To acquire a 100% interest in the Los Coyotes project , Fresnillo will pay Orogen US$118,000 on signing

(received) and US$1 million on the commencement of commercial production. Orogen will retain a 1%

net smelter return (“NSR”) royalty.

Paddy Nicol, CEO of Orogen commented, “Los Coyotes is an undrilled silver-gold rich poly metallic project

that was part of Orogen’s larger and un-optioned Suanse porphyry copper project. This transaction brings

in Fresnillo, the world’s leading silver producer, with strong geological and regional expertise to focus on

exploring the precious metal potential at Los Coyotes. Orogen will keep its upside exposure to Los Coyotes

though its retained royalty without any further capital contribution. We look forward to the next rounds

of exploration at Los Coyotes with Fresnillo.”

About the Los Coyotes Silver-Gold Project

The Los Coyotes property consists of six claims covering over 600 hectares located approximately 180

kilometres northeast of Hermosillo in Sonora Mexico. The property lies within the prolific Laramide

porphyry copper belt, between Mexico’s two largest copper mines, Cananea and La Caridad. and within

the Sierra Madre Occidental Gold and Silver Belt proximal to multiple producing Eocene precious metal

vein systems including the Santa Elena, Ermitaño, Las Chispas and Mercedes mines. (Figure 1).

Figure 1: Location of the Los Coyotes property

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

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Mineralization on the Los Coyotes property has been mapped in multiple sub parallel northeast striking

sub-vertical mineralized structures and as replacements within a limestone unit interbedded within the

Andesites. The mineralized structures, which can be traced across the property for over five kilometres ,

are undrilled but contain several historical workings. Channel sampling of these structures at surface has

returned up to 1.4 metres at 6.81 grams per tonne (g/t) gold and 927 g/t silver (Figure 2 and Photo 1).

Mineralization is hosted within dacitic to andesitic composition volcanic rocks interpreted to be part of

the Laramide-age Tarahumara Formation.

Figure 2: Silver (left) and Gold (right) in rock samples over simplified geology

on the 151-hectare portion of the Coyotes claims

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

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Photo 1: Channel sample that returned 1.4 metres grading 6.81 g/t gold, 927 g/t silver

Qualified Person Statement

All technical data, as disclosed in this press release, has been verified by Laurence Pryer, Ph.D., P.Geo. VP

Exploration for the Company. Dr. Pryer is a qualified person as defined under the terms of National

Instrument 43-101.

About Orogen Royalties Inc.

Orogen Royalties is focused on organic royalty creation and royalty acquisitions on precious and base

metal discoveries in western North America. The Company's royalty portfolio includes the Ermitaño gold

and silver Mine in Sonora, Mexico (2.0% NSR royalty) operated by First Majestic Silver Corp. The Company

is well financed with several projects actively being developed by joint venture partners.

On Behalf of the Board

OROGEN ROYALTIES INC.

Paddy Nicol

President & CEO

To find out more about Orogen, please contact Paddy Nicol, President & CEO at 604-248-8648, and Marco

LoCascio, Vice President, Corporate Development at 604 -248-8648. Visit our website at

www.orogenroyalties.com.

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

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Orogen Royalties Inc.

1015 – 789 West Pender Street

Vancouver, BC

Canada V6C 1H2

[email protected]

Forward Looking Information

This news release includes certain statements that may be deemed “forward looking statements”. All statements in this

presentation, other than statements of historical facts, that address events or developments that Orogen Royalties Inc. (the

“Company“) expect to occur, are forward looking statements. Forward looking statements are statements that are not historical

facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”,

“estimates”, “projec ts”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or

“should” occur. Forward-looking information in this news release includes: the timing of the delisting of the common shares of

Orogen from certain stock exchanges and the subsequent listing of shares of Orogen SpinCo on proposed exchanges; the expected

benefits, timing and proceeds of the exploration alliances, business objectives and plans of Orogen SpinCo and the timing of the

finalization of the alli ance contracts. In addition, any statements that refer to expectations, intentions, projections or other

characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking

information are not historical facts but instead represent the companies’ expectations, estimates and projections regarding

possible future events or circumstances.

Although the Company believe the expectations expressed in such forward -looking statements are based on reasonable

assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in

the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking

statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and

general economic, market or business conditions.

Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments

may differ materially from those projected in the forward -looking statements. Forward -looking statements are based on the

beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by

securities laws, the Company undertakes no obligation to update these forward -looking statements in the event that

management’s beliefs, estimates or opinions, or other factors, should change.

1.https://orogenroyalties.com/news-releases/orogen-royalties-options-llano-de-nogal-to-riverside-resources/