May 27, 2024 = TheNewswire - TORONTO, ON - Star Royalties Ltd. is pleased to invite investors and other interested parties to attend the Company's upcoming Investor Update and Q&A Webinar with Market Radius Research on May 29th, 2024. Alex Pernin, Chief Executive Officer of Star Royalties, will review the latest developments at Star Royalties and discuss the outlook for its Green Star Royalties Ltd. joint venture [...]
Star Royalties Ltd. is pleased to invite investors and other interested parties to attend the Company's upcoming Investor Update and Q&A Webinar with Market Radius Research on May 29th, 2024. Alex Pernin, Chief Executive Officer of Star Royalties, will review the latest developments at Star Royalties and discuss the outlook for its Green Star Royalties Ltd. joint venture and its precious metals royalties portfolio. The [...]
Star Royalties Ltd. is pleased to invite investors and other interested parties to attend the Company's upcoming Investor Update and Q&A Webinar with Market Radius Research on May 29th, 2024. Alex Pernin, Chief Executive Officer of Star Royalties, will review the latest developments at Star Royalties and discuss the outlook for its Green Star Royalties Ltd. joint venture and its precious metals royalties portfolio. The [...]
Star Royalties Ltd. through its joint venture, Green Star Royalties Ltd., is pleased to announce the execution of a definitive royalty agreement with NativState LLC to acquire several gross revenue royalties on a carbon offset-issuing portfolio of Improved Forest Management projects in the southeastern United States. NativState is an Arkansas-based forest carbon project developer focused on aggregating small-to-medium [...]
Star Royalties is pleased to report its financial results for the year ended December 31, 2023, as well as to provide an update on its Green Star Royalties Ltd. joint-venture and its mining royalty portfolio. 2023 Financial and Corporate Highlights Green Star secured a second major cornerstone shareholder in Cenovus Energy Inc. with a C$21.2 million strategic investment, resulting in the Company benefiting from a $8.0 [...]
Star Royalties is pleased to announce that its joint venture, Green Star Royalties Ltd, has entered into an agreement with Locus Agricultural Solutions LLC to improve the operating structure of and its royalty investment into Locus AG's regenerative agriculture carbon farming program, CarbonNOW®. In addition, the program continues to progress through the registration process and is now listed under the validation category [...]
Star Royalties is pleased to announce the closing of a strategic investment into Green Star Royalties Ltd by Cenovus Energy Inc. for total consideration of C$21.2 million. Following this Strategic Investment, Cenovus will own 25.9% of the common shares of Green Star along with the right to invest alongside Green Star in high-integrity carbon projects. Green Star now operates as a joint venture between Star Royalties [...]
Star Royalties is pleased to report its financial results for the quarter ended September 30, 2023. Q3 2023 Financial and Corporate Highlights Quarterly revenues of $271,567, representing a 44% increase over the prior quarter due to improved mineral sands sales at Keysbrook. Quarterly net loss of $277,408 included a $251,851 foreign exchange-driven equity gain from the Green Star Royalties Ltd. joint venture. Green Star's [...]
Star Royalties is pleased to announce the closing of a previously announced agreement with Sabre Gold Mines Corp. to restructure the Company's existing gold stream on the fully-permitted Copperstone Gold Mine. As part of the restructuring, the gold stream was revised from 6.6% of gold produced with production-based step-downs to a flat 4% of gold produced for the duration of Copperstone's life-of-mine and additional [...]
Star Royalties is pleased to announce the entering into of a non-binding agreement with Sabre Gold Mines Corp., to restructure the Company's existing gold streaming agreement on the Copperstone Gold Mine. The proposed restructuring will revise the Copperstone gold stream from 6.6% of gold produced with production-based step-downs to a flat 4% of gold produced for the duration of Copperstone's life-of-mine and additional [...]
Star Royalties is pleased to report its financial results for the quarter ended June 30, 2023. Q2 2023 Corporate and Portfolio Highlights Quarterly revenues of $188,033, representing a 31% decline over the previous quarter due to timing and lower volume of mineral sands sales at Keysbrook. Quarterly net loss of $1,048,574 was negatively impacted by the recognition of a $418,800 equity loss from the Green Star Royalties [...]
Star Royalties Ltd. is pleased to highlight the results of a Preliminary Economic Assessment on the Copperstone Gold Mine, announced by Sabre Gold Mines Corp. on June 20, 2023. PEA Highlights Robust post-tax economics result in a base case after-tax IRR of 50.3%, low initial capital of $36 million and benefit from significant tax assets as well as recently reduced royalty encumbrance. PEA supports a high-grade gold [...]