Royalties Inc. Acquires an Additional $525,000 in Shares of Music Royalties Inc.
Royalties Inc. Acquires an Additional $525,000
in Shares of Music Royalties Inc.
Toronto, Ontario--(Newsfile Corp. - August 29, 2025) -
Royalties Inc. (CSE: RI) (OTCID: ROYIF) (
or
"the
Company
") is pleased to announce that it has entered into an acquisition agreement for the
purchase of an additional 1,050,000 common shares of Music Royalties Inc. ("MRI") at a price of $0.50
per share with a value of $525,000 from two private investors in exchange for the issuance of 8,750,000
shares in Royalties Inc. MRI is a Toronto-based private company that acquires passive music royalties
on iconic songs from rightsholders (artists, producers and songwriters) which holds a portfolio of 31
cash-flowing music royalties. MRI pays a monthly dividend generating a 7.2% annual yield and has paid
out over $12 million in 67 dividend payments since 2019. The Company will now hold 5.05 million shares
in MRI at a cost of $2.525 million, generating $181,800 in annual dividend income which combined with
the income from the company's other royalties will fully cover corporate overhead costs.
All securities issued pursuant to this acquisition will have a legend with a hold period of four months and
one day from the date of issuance.
About Royalties Inc.
Royalties Inc. owns a 100% interest, subject to a 1.5% NSR owned as a separate asset, on the
Bilbao silver-zinc-lead project located in the State of Zacatecas, Mexico.
Royalties Inc. owns 88% of the outstanding shares of Minera Portree de Zacatecas, S.A. de C.V
("MPZ") which holds an asserted claim backed by a court approved judgment on June 16, 2025 to
a 2% net smelter royalty established in 2002 on five mining concessions called the 'Portree
claims', a portion of which is on the Mala Noche Footwall Zone (under the tailings pond), the main
source of production at the Cozamin mine where Capstone Copper Corp. ("Capstone") has been
mining since 2010. Capstone assigned this royalty to themselves without the knowledge or proper
payment to MPZ, the longstanding and rightful owner, in August 2019. MPZ filed civil and criminal
lawsuits in Zacatecas in 2021 to invalidate the contract to transfer ownership, which has now been
officially supported by the court. Despite MPZ's legal victory, Capstone appealed the decision to
the Supreme Court of the State of Zacatecas.
Royalties Inc. has a 3.9% stake in
Music Royalties Inc
. ("MRI"), which has acquired 31 cash-flowing
catalogs and paid out over $12 million in dividends since 2019 from 7,000 songs generating a
7.2% annual yield.
For further information contact Royalties Inc. at
www.royaltiesinc.com
Tim Gallagher
CEO & Director
(416) 925-0090
Connor Gallagher
Investor Relations
(647) 921-2206
Andrew Robertson
Director
(416) 317-0137
Neither the CSE, OTC Markets nor its Regulation Services Provider accepts responsibility for
the adequacy or accuracy of this press release.
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities
laws. All statements contained herein that are not clearly historical in nature may constitute forward-
looking information. In some cases, forward-looking information can be identified by words or phrases
such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential",
"proposed", "estimate", "believe" or the negative of those terms, or other similar words, expressions,
and grammatical variations thereof, or statements that certain events or conditions "may" or "will"
happen, or by discussions of strategy. Where the Company expresses or implies an expectation or
belief as to future events or results, such expectation or belief is based on assumptions made in good
faith and believed to have a reasonable basis. However, forward-looking statements are subject to
risks, uncertainties, and 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 related to the Company as disclosed in the documents filed on the
Company's profile at SEDAR+ at
www.SEDARplus.ca
. Accordingly, readers 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 beliefs, estimates, expectations, and opinions of
management on such date.
The Company does not undertake any obligation to update publicly or
revise any such forward-looking statements whether as a result of new information, future events or to
explain any material difference between subsequent actual events and such forward-looking
information, except as required under applicable securities law.
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