PR Royalties Inc. Financing and Stock Option Exercise June 20, 2023

Royalties Inc. Announces Financing and Stock Option Exercise

TORONTO, CANADA (June 20, 202 3) – Royalties Inc. (CSE ‘RI” ), (“the Company”) announces a non -

brokered private placement of $94,000 at $0.05 per share for 1,880,000 shares and the exercise of 1,350,000 in

stock options at $0.06 per share for proceeds of $81,000. The total of $175,000 in funds will be used to acquire a

fifth cash flowing music royalty catalog. In 2023, RI has acquired 3 cash flowing song catalogs inclu ding Apple

Alert Tones, a music producer and songwriter’s interest in the publishing and public performance royalties of

songs performed by artists including Britney Spears, Joe, Michael Jackson and R. Kelly and a songwriter’s public

performance royalties of songs performed by artists including Backstreet Boys and Marshmello. The strategic

investment in Music Royalties Inc. has generated $45,000 in dividend income since October 2022.

About Royalties Inc.

Royalties Inc. has a 2% stake in Music Royalties Inc. (“MRI”), a Canadian-based private company that acquires

passive music royalties from rightsholders (including but not limited to artists, producers and songwriters) and

currently holds a portfolio of approximately 26 cash-flowing music royalties. MRI is currently paying a monthly

dividend generating a 6% annual yield.

Royalties Inc. owns a 100% interest, subject to a 1.5% net smelter royalty repurchased in July 2019, on the Bilbao

silver-lead-zinc-copper project located in the southeastern part of the State of Zacatecas, Mexico.

Royalties Inc. owns 88% of the outstanding shares of Minera Portree de Zacatecas, S.A. de C.V (“Minera Portree”)

which holds an asserted claim to a 2% net smelter royalty on six mining concessions located adjacent to the

Cozamin Mine operated by Capstone Mining Corp., which claim is challenged by Capstone.

For further information contact Royalties Inc. at www.royaltiesinc.com

Tim Gallagher Connor Gallagher

CEO & Director Investor Relations

(416) 925‐0090 (647) 921-2206

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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

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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

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difference between subsequent actual events and such forward-looking information, except as required under applicable securities law.