Orogen Royalties Inc. is pleased to report record revenue and after tax profit for the year ended December 31, 2024. Fiscal 2024 Year End Highlights All figures are stated in Canadian dollars unless otherwise noted. Net Income from Operations: Net income was $4.3 million for the year ended December 31, 2024, up 126% from 2023. Including income tax expense, net comprehensive income was $2.6 million or $0.01 per share [...]
Orogen Royalties Inc. is pleased to announce an update to the mineral reserve and resource estimates on the Ermitaño gold mine in Sonora, Mexico, provided by mine operator First Majestic Silver Corp. 1 Orogen holds a cash-flowing 2% net smelter return royalty on the 167 square-kilometre Ermitaño concession. Highlights of 2024 Resource and Reserve update Initial Inferred resources for the Navidad vein system of 2.3 [...]
Orogen Royalties Inc. reports preliminary and unaudited financial results for its fourth quarter and year ended December 31, 2024. All figures are stated in Canadian dollars unless otherwise noted. 2024 Year End Record Revenue Orogen is pleased to report record total revenue of $9.9 million for the year ended December 31, 2024, up 22% from $8.1 million in 2023 including: 34% increase in Ermitaño royalty revenue of $7.9 [...]
Press Release Updated with Correct Images Orogen Royalties Inc. is pleased to announce an update to the Expanded Silicon project in Nevada, USA. Project owner AngloGold Ashanti NA has announced an updated Inferred Resource of 12.1 million ounces gold at the Merlin deposit1. The new resource at Merlin is separate from the 4.22 million ounce gold resource at the Silicon deposit1, located approximately 270 metres to the [...]
Orogen Royalties Inc. is pleased to announce an update to the Expanded Silicon project in Nevada, USA. Project owner AngloGold Ashanti NA has announced an updated Inferred Resource of 12.1 million ounces gold at the Merlin deposit1. The new resource at Merlin is separate from the 4.22 million ounce gold resource at the Silicon deposit1, located approximately 270 metres to the northwest. Orogen holds a 1% net smelter [...]
Orogen Royalties Inc. is pleased to announce the expansion of the Navidad gold-silver target , located within the Ermitaño Mine concessions in Sonora, Mexico where the Company holds a cash-flowing 2% net smelter return royalty. Highlights During the second half of 2024, drilling by mine operator First Majestic Silver Corp. , has significantly expanded the zones of gold and silver mineralization at the Navidad and Winter [...]
Orogen Royalties Inc. announces that, as part of the Company's annual share-based compensation program, the Board of Directors have authorized a grant of 324,000 Restricted Share Units , 62,000 Deferred Share Units , and 977,000 incentive Stock Options to directors, officers, employees, and consultants. The grant has been authorized pursuant to the Company's Omnibus Equity Incentive Compensation Plan that was approved by [...]
VANCOUVER, BC / ACCESS Newswire / January 16, 2025 / Orogen Royalties Inc. is pleased to announce that the Company has signed a purchase and sale agreement with K2 Gold Corporation whereby K2 has acquired the Si2 gold project , located in Nevada, USA. The Agreement replaces the option agreement previously signed between Orogen and K2 on January 19, 2022.1 To acquire a 100% interest in Si2, K2 will pay C$250,000 in cash or [...]
Orogen Royalties Inc. is pleased to announce the Company has been selected to participate in the BHP 2025 Xplor program for generative exploration in western North America. Program Highlights Orogen is one of eight exploration companies selected by BHP from hundreds of applicants to participate in the 2025 BHP Xplor program The transaction provides Orogen entry into a new area for generative exploration while gaining [...]
Orogen Royalties Inc. is pleased to announce that the Company has signed a purchase and sale agreement with a wholly-owned U.S. subsidiary of Eminent Gold whereby Eminent has acquired the Celts gold project , located in Nevada, USA. To acquire a 100% interest in Celts, Eminent will pay a total of US$400,000 consisting of cash and/or shares, subject to regulatory approval, and will grant a 3% net smelter return royalty [...]
Orogen Royalties Inc. is pleased to report financial results from its operations for the third quarter ended September 30, 2024. Q3-2024 Highlights All amounts are in Canadian dollars unless otherwise stated. Royalty Revenue: Royalty revenue of $2,117,552 was earned with 614 attributable gold equivalent ounces sold at average price of US$2,474 per ounce, up 30% from 2023 and 11% from the previous quarter driven by higher [...]
Orogen Royalties Inc. is pleased to announce the voting results for its Annual General and Special Meeting of shareholders held October 29, 2024. A total of 67,895,414 shares were voted by proxy representing 33.67% of the issued and outstanding shares of the Company. Shareholders approved all matters presented at the Meeting as follows: Director Nominee Votes For Votes Against Withheld/ Abstain % For % Against [...]
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