Freehold Royalties Ltd. announced today that all nominees listed in its notice of meeting and information circular dated March 26, 2025 were elected as directors of Freehold at its Annual Meeting of Shareholders held today. In addition, all other matters considered at the Meeting were approved by Freehold's shareholders. A replay of the Meeting is available on our website at the below link, under the 2025 Annual Meeting [...]
Freehold Royalties Ltd. announces first quarter results for the period ended March 31, 2025. First Quarter 2025 Highlights $91 million in revenue; $68 million in funds from operations ; $44 million in dividends paid ; 10,635 bbls/d of total liquids production, an 8% increase from previous quarter driven by continued execution of our U.S. expansion strategy and heavy oil growth in Canada; 16,248 boe/d of total production [...]
Freehold Royalties Ltd. and Rife Resources Management Ltd. have mutually agreed to terminate the management agreement and associated services that Rife has historically provided Freehold. Effective May 1, 2025, Freehold will have a fully dedicated executive team and employee base and will no longer use the shared or advisory services of Rife to conduct its business. Freehold will not pay any termination fees or future [...]
Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on May 15, 2025 to shareholders of record on April 30, 2025. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.1 million gross acres in Canada and [...]
Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on March 17, 2025 to shareholders of record on February 28, 2025. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.1 million gross acres in Canada and [...]
Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on February 18, 2025 to shareholders of record on January 31, 2025. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.1 million gross acres in Canada and [...]
Freehold Royalties Ltd. is pleased to announce that it has closed its previously announced transaction to acquire mineral title and royalty interests in the core of the Midland Basin in Texas for approximately $259 million, net of estimates for exchange rate, expenses and customary closing adjustments. Acquisition Highlights: 1,500 - 1,600 boe/d of premium priced, light oil weighted production Approximately $37 million in [...]
Freehold Royalties Ltd. is pleased to announce that it has completed its previously announced upsized bought-deal equity financing of common shares, conducted by a syndicate of underwriters co-led by RBC Capital Markets, CIBC Capital Markets and TD Securities Inc. as joint bookrunners, including the full exercise of the over-allotment option granted to the underwriters. Pursuant to the Equity Financing and the [...]
Freehold Royalties Ltd. is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters co-led by RBC Capital Markets, CIBC Capital Markets and TD Securities Inc. to increase the size of its previously announced bought-deal equity financing from $125.1 million to $150 million. The Underwriters have agreed to purchase for resale to the public, on a bought-deal basis, a total of [...]
TORONTO, Dec. 10, 2024 /CNW/ - Trading resumes in: Company: Freehold Royalties Ltd. TSX Symbol: FRU All Issues: Yes Resumption : 08:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading [...]
The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with the financing will be accessible through SEDAR+ within two business days Freehold Royalties Ltd. has entered into a definitive agreement with a private seller to acquire mineral title and royalty interests in the core of the Midland Basin in Texas for approximately $216 million, net of estimates for exchange [...]
Freehold Royalties Ltd. will be hosting an Investor Day on December 3, 2024, beginning at 10:00am MST at the Calgary Petroleum Club in Calgary, Alberta. Please contact investor relations with any questions at investorrelations@freeholdroyalties.com. Registration for the live broadcast and on-demand replay is available at https://edge.media-server.com/mmc/p/nd7636wf. Freehold's 2024 Asset Book and Investor Day presentation [...]