Freehold Royalties Ltd.

Freehold Royalties Ltd. announces that it has closed its previously announced transaction to acquire concentrated, high quality U.S. royalty assets for US$54 million from OneMap Mineral Services LLC. The Midland Assets in conjunction with the focused acquisition work completed year-to-date, are expected to play a key role in strengthening the resiliency of Freehold's North American royalty portfolio, enhancing the near [...]

Freehold Royalties Ltd. announces that it has closed its previously announced transaction to acquire a high-quality U.S. royalty asset located in the Eagle Ford oil basin in Texas for US$180 million before closing adjustments . The Acquired Assets are expected to significantly enhance the quality of Freehold's North American royalty portfolio, improving both the near-term and long-term sustainability of Freehold's [...]

Freehold Royalties Ltd. announces that it has completed its previously announced bought deal equity financing, issuing 19,067,000 subscription receipts at a price of $9.05 per Subscription Receipt for gross proceeds of approximately $173 million, which included the full exercise of the over-allotment option granted to the underwriters. The bought deal offering was completed through a syndicate of underwriters led by RBC [...]

Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.05 per common share to be paid on October 15, 2021 to shareholders of record on September 30, 2021. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold's focus is on acquiring and managing oil and gas royalties. Freehold's common shares trade on the Toronto Stock Exchange in Canada [...]

Freehold Royalties Ltd. has entered into a definitive agreement with a private seller to acquire high-quality U.S. royalty assets located in the Eagle Ford oil basin in Texas for US$180 million . The Acquired Assets significantly enhance the quality of Freehold's North American royalty portfolio, improving both the near-term and long-term sustainability of Freehold's dividend while providing further option value to return [...]

Freehold Royalties Ltd. announces second quarter results for the period ended June 30, 2021. Operating and Financial Highlights Three Months Ended June 30 Six Months Ended June 30 FINANCIAL 2021 2020 Change 2021 2020 Change Royalty and other revenue 44,925 14,758 204 % 81,670 41,042 99 % Net income 12,545 nm 18,180 nm Per share, basic 0.10 nm 0.14 nm Cash flows from operations 33,420 13,144 154 % 58,410 44,027 33 % Funds [...]

Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on August 16, 2021 to shareholders of record on July 31, 2021. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold's focus is on acquiring and managing oil and gas royalties. Freehold's common shares trade on the Toronto Stock Exchange in Canada under [...]

Freehold Royalties Ltd. announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on July 15, 2021 to shareholders of record on June 30, 2021. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold's focus is on acquiring and managing oil and gas royalties. Freehold's common shares trade on the Toronto Stock Exchange in Canada under [...]

Freehold Royalties Ltd. announced today that all nominees listed in its notice of meeting and information circular dated March 22, 2021, were elected as directors of Freehold at its Annual and Special Meeting of Shareholders held today. In addition, all other matters considered at the Meeting were approved by Freehold's Shareholders. The results of the votes on the director nominees are as follows: Nominee Votes For Votes [...]

Freehold Royalties Ltd. announces first quarter results for the period ended March 31, 2021. OPERATING AND FINANCIAL HIGHLIGHTS Three Months Ended March 31 FINANCIAL 2021 2020 Change Royalty and other revenue 36,745 26,284 40 % Net income 5,635 nm Per share, basic 0.04 nm Cash flows from operations 24,990 30,883 -19 % Funds from operations 32,421 20,248 60 % Per share, basic 0.25 0.17 47 % Acquisitions and related [...]