Royalties Inc., formerly Xtierra Inc. announces that following a review by the TSX Venture Exchange , the Company's common shares will be delisted effective close of market on April 11, 2023. The Company has received confirmation from the Canadian Securities Exchange that the common shares of the Company are expected to commence trading on the CSE under the symbol "RI" at the opening of the market on April 12, 2023. The [...]
Xtierra Inc. is pleased to announce that it has now completed the acquisition for a royalty stream of entertainment-based royalties through the purchase of 2 million common shares of Music Royalties Inc. . The Acquisition was completed pursuant to the terms of a share exchange agreement dated September 30, 2022, which was disclosed in the press release of the Company dated September 30, 2022. MRI is a Canadian-based [...]
Xtierra Inc. is pleased to announce that it has entered into an acquisition agreement for a royalty stream of entertainment-based royalties through the purchase of 2 million common shares of Music Royalties Inc. . MRI is a Canadian-based private company that acquires passive music royalties from rightsholders and currently holds a portfolio of approximately 25 cash-flowing music royalties. MRI is currently paying a [...]
Xtierra Inc. is pleased to announce that it intends to pursue a change of business. More specifically, the Company has determined to refocus its business operations from a mineral resource exploration company to a company focused on seeking cash flow generating royalty opportunities in various industries - a diversified royalties company. The Company believes that the experience of its management and board members will [...]
Xtierra Inc. reports that it held its Annual Meeting of Shareholders yesterday, June 24, 2021, in Toronto at which all resolutions were approved and passed. Retirement of Directors The meeting marked the retirement of two long serving Directors. John Kearney had been Chairman of the Company since its incorporation in 2008 and Terence McKillen had previously served as Chief Executive from 2008 until 2013. The Board of [...]
Xtierra Inc. reports its results for the year ended December 31, 2020. This news release should be read in conjunction with the Company's audited financial statements and the associated management's discussion and analysis for the year ended December 31, 2020 which are available on the Company's website at or under the Company's profile on SEDAR. Amounts are stated in US dollars unless otherwise stated. Company Overview [...]
Xtierra Inc. is pleased to announce further positive and consistent drill results on another two drill holes of a five-hole program totaling 1800 meters into a previously identified structure with high-grade silver mineralization located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit. The objective of the third hole, X6B, was to test the continuity between the two best drill hole results from the [...]
Xtierra Inc. is pleased to announce positive drill results on the first two drill holes of a five hole program totaling 1800 meters into a previously identified structure with high-grade silver mineralization located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit. The objective of the first hole, X4B, located at the southern end of the Victor vein, was to establish continuity of the mineralization with [...]
Xtierra Inc. has completed the first two drill holes and 732 meters of a planned five drill holes totaling 1500 meters into previously identified areas of high-grade silver mineralization. Drill core samples will be sent to an SGS laboratory in Durango with results anticipated by the end of the month. Current drilling is located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit. The objective of drilling [...]
Proposed Drilling of High-Grade Silver Zones at Bilbao Xtierra Inc. reported its results for the third quarter and nine months ended September 30, 2020. This news release should be read in conjunction with the Company's unaudited financial statements and the associated management's discussion and analysis for the three and nine month periods ended September 30, 2020 which are available on the Company's website at [...]
Xtierra Inc. intends to undertake a small drill campaign of 5 holes for a total of 1500 meters into two previously identified areas of high grade silver mineralization. The first target area is located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit. The key prior drilling results from the period 2010-2013 are summarized in below. This high grade silver zone runs north-south over a strike length of [...]
Xtierra Inc. intends to re-assess the value of its Bilbao Silver-Lead-Zinc project in the context of the current market. "The Bilbao project has historically been challenged by relatively low tonnage and low silver prices, however, with the much improved outlook for silver prices, approaching the level estimated in the PEA, combined with the 2010-2013 drill results which outlined the potential to expand tonnage and the [...]
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