Sailfish Royalty Corp. is pleased to announce that the Company has closed its previously announced 24-month silver stream from Mako Mining Corp. for US$6 million in cash pursuant to a silver stream agreement dated May 24, 2023 . The Silver Stream Agreement includes an option to purchase, after 12 of the 24-month term of the Silver Stream has passed, upon payment of US$1 million, all subsequent silver produced from the San [...]
Sailfish Royalty Corp. is pleased to announce its operating and financial results for the year and fourth quarter ended December 31, 2022 . All amounts are in U.S. dollars unless otherwise indicated. Paolo Lostritto, Chief Executive Officer of Sailfish states that, "Sailfish had a fantastic year highlighted by the sale of 1,476 ounces of gold from the gold stream equivalent to a 3% NSR on the San Albino gold mine that [...]
Sailfish Royalty Corp. is pleased to announce that its Board of Directors has declared the Company's first quarterly cash dividend for 2023 in the amount of US$0.0125 per common share that will be payable on April 17, 2023 to Sailfish shareholders of record as of the close of business on March 31, 2023. The declaration, timing, amount, and payment of future dividends will be subject to the discretion and approval of the [...]
Sailfish Royalty Corp. is pleased to announce that it has reached an agreement with Mako Mining Corp. whereby the remaining seven payments of the outstanding gold-linked loan entered into on August 30, 2021 is now required to be made in physical silver. Paolo Lostritto, CEO stated, "with the remaining payments of the Gold Loan being paid in silver, the Silver Stream announced on March 1, 2023 and the retention of the [...]
Sailfish Royalty Corp. is pleased to announce that it has signed a binding letter of intent with Mako Mining Corp. in respect of acquiring a 24-month silver stream for US$6 million in cash and an option to purchase subsequent silver produced from the San Albino mine or from concessions currently owned by Mako and processed through Mako's San Albino processing facility until production is no longer economically viable at [...]
Sailfish Royalty Corp. announces that Michael Starogiannis has resigned as a director of the Company. The Company would like to thank Mr. Starogiannis for his contributions and wish him well in his future endeavours. "I want to thank Mr. Starogiannis for all of his hard work over the past five years in helping Sailfish evolve from a concept to a viable cash flowing royalty and streaming Company. Management and the Board [...]
Sailfish Royalty Corp. is pleased to report that Mako Mining Corp. has announced in its press release dated January 18, 2023 record gold sales of 9,956 ounces and record silver recovered of 16,268 ounces in the fourth quarter of 2022. As a reminder to shareholders, Sailfish holds an effective gold stream equivalent to a 3% net smelter return royalty on the San Albino gold mine located in northern Nicaragua and a 2% NSR on [...]
Sailfish Royalty Corp. is pleased to announce the results from the recent exploration work conducted on the Company's 100% owned Gavilanes Silver Project located approximately 31 kilometers away from First Majestic's San Dimas operation in Durango State, Mexico. Gavilanes comprises several high-grade polymetallic silver veins tested by 47 shallow diamond drill holes focused on three of these veins, which host [...]
Sailfish Royalty Corp. is pleased to announce that its Board of Directors has declared the Company's fourth quarterly cash dividend for 2022 in the amount of US$0.0125 per common share that will be payable on January 16, 2023 to Sailfish shareholders of record as of the close of business on December 31, 2022. The declaration, timing, amount, and payment of future dividends will be subject to the discretion and approval of [...]
Sailfish Royalty Corp. is pleased to announce its operating and financial results for the three and nine months ended Sept 30, 2022. All amounts are in USD unless otherwise indicated. Q3 2022 Highlights: Gold ounces earned of 347 and 1,081 for the three and nine months ended Sept 30, 2022; Revenues of $600,578 and $1,970,002 for the three and nine months ended September 30, 2022; Gross profit of $318,876 and $1,031,892 [...]
Sailfish Royalty Corp. provides an update on the October 24, 2022 announcement by the United States Department of the Treasury's Office of Foreign Assets Controls relating to new U.S. sanctions imposed on the General Directorate of Mines pursuant to Executive Order 13851, as well as the issuance of EO 14088 . On October 31, 2022, Mako Mining Corp. announced that "while the Company is currently undertaking an internal [...]
Sailfish Royalty Corp. is pleased to report that Mako Mining Corp. has announced additional results from its recent definition and expansion drilling program at the Las Conchitas area of its wholly-owned San Albino-Murra. The Las Conchitas area is located immediately south of the producing San Albino gold mine, which is currently in commercial production. As a reminder to shareholders, Sailfish currently holds a gold [...]