Royalties Inc.

1805-55 University Ave
Toronto, ON
Canada M5J 2H7

Royalties Inc. has a stake in Music Royalties Inc. ("MRI"), a Canadian-based private company that acquires passive music royalties from rightsholders (including but not limited to artists, producers and songwriters) and currently holds a portfolio of approximately 28 cash-flowing music royalties. MRI is currently paying a monthly dividend generating a 7.2% annual yield. It also a 1.5% net smelter royalty on the Bilbao silver lead zinc Mexico property.

Recent News

Royalties Inc. Announces CSE Listing and TSXV De-Listing

Toronto, Ontario--(Newsfile Corp. - April 5, 2023) - Royalties Inc., formerly Xtierra Inc. (TSXV: XAG) ("the Company") announces that following a review by the TSX Venture Exchange ("TSXV"), the Company's common shares will be delisted effective close of market on April 11, 2023. The Company has received confirmation from the Canadian Securities Exchange (the "CSE") that the common shares of the Company are expected to commence trading on the CSE under the symbol "RI" at the opening of the market...

2023-04-05 3:26 PM EDT

Xtierra Inc. Completes Acquisition of a Royalty Stream

Toronto, Ontario--(Newsfile Corp. - December 2, 2022) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") is pleased to announce that it has now completed the acquisition (the "Acquisition") for a royalty stream of entertainment-based royalties through the purchase of 2 million common shares (the "MRI Shares") of Music Royalties Inc. ("MRI"). The Acquisition was completed pursuant to the terms of a share exchange agreement dated September 30, 2022, which was disclosed in the press release of the Company dated...

2022-12-02 4:09 PM EST

Xtierra Inc. Enters Into Acquisition Agreement for a Royalty Stream

Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") is pleased to announce that it has entered into an acquisition agreement for a royalty stream of entertainment-based royalties through the purchase of 2 million common shares (the "MRI Shares") of Music Royalties Inc. ("MRI"). MRI is a Canadian-based private company that acquires passive music royalties from rightsholders (including but not limited to artists, producers and songwriters) and currently holds a portfolio of approximately...

2022-09-30 9:30 AM EDT

Xtierra Announces Proposed Change of Business

Toronto, Ontario--(Newsfile Corp. - September 23, 2022) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") is pleased to announce that it intends to pursue a change of business (the "Change of Business"). More specifically, the Company has determined to refocus its business operations from a mineral resource exploration company to a company focused on seeking cash flow generating royalty opportunities in various industries – a diversified royalties company. The Company believes that the experience of its management and board...

2022-09-23 4:09 PM EDT

Xtierra - Annual Meeting of Shareholders 2021

Toronto, Ontario--(Newsfile Corp. - June 25, 2021) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") reports that it held its Annual Meeting of Shareholders yesterday, June 24, 2021, in Toronto at which all resolutions were approved and passed. Retirement of DirectorsThe meeting marked the retirement of two long serving Directors.John Kearney had been Chairman of the Company since its incorporation in 2008 and Terence McKillen had previously served as Chief Executive from 2008 until 2013. The Board of Directors...

2021-06-25 8:54 PM EDT

Xtierra Reports 2020 Results

Buchans Exercises 13 Million Share Purchase WarrantsReduction of DebtToronto, Ontario--(Newsfile Corp. - April 30, 2021) -  Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") reports its results for the year ended December 31, 2020.This news release should be read in conjunction with the Company's audited financial statements and the associated management's discussion and analysis (MD&A) for the year ended December 31, 2020 which are available on the Company's website at www.xtierra.ca or under the Company's profile on SEDAR (www

2021-04-30 9:45 PM EDT

Xtierra Drill Results on the Victor Vein

Toronto, Ontario--(Newsfile Corp. - February 26, 2021) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") is pleased to announce further positive and consistent drill results on another two drill holes of a five-hole program totaling 1800 meters into a previously identified structure (Victor vein) with high-grade silver mineralization located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit.The objective of the third hole, X6B, was to test the continuity between the two best drill hole results from the...

2021-02-26 11:23 AM EST

Xtierra Initial Drill Results on the Victor Vein

Toronto, Ontario--(Newsfile Corp. - February 4, 2021) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") is pleased to announce positive drill results on the first two drill holes of a five hole program totaling 1800 meters into a previously identified structure (Victor vein) with high-grade silver mineralization located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit. The objective of the first hole, X4B, located at the southern end of the Victor vein, was to establish continuity of...

2021-02-04 9:07 AM EST

Xtierra Drilling High Grade Silver Zone at Bilbao

Toronto, Ontario--(Newsfile Corp. - January 5, 2021) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") has completed the first two drill holes and 732 meters of a planned five drill holes totaling 1500 meters into previously identified areas of high-grade silver mineralization. Drill core samples will be sent to an SGS laboratory in Durango with results anticipated by the end of the month. Current drilling is located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit. The objective...

2021-01-05 6:06 PM EST

Xtierra Reports Third Quarter 2020 Results

Toronto, Ontario--(Newsfile Corp. - November 25, 2020) -  Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") reported its results for the third quarter and nine months ended September 30, 2020. This news release should be read in conjunction with the Company's unaudited financial statements and the associated management's discussion and analysis (MD&A) for the three and nine month periods ended September 30, 2020 which are available on the Company's website at www.Xtierra.com or under the Company's profile at www.Sedar.com....

2020-11-25 4:50 PM EST

Xtierra to Drill High Grade Silver Potential at Bilbao

Toronto, Ontario--(Newsfile Corp. - September 24, 2020) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") intends to undertake a small drill campaign of 5 holes for a total of 1500 meters into two previously identified areas of high grade silver mineralization. The first target area is located adjacent to and west of the main Bilbao Silver-Lead-Zinc deposit. The key prior drilling results (silver only) from the period 2010-2013 (See July 7, 2010 PR) are summarized in below. This...

2020-09-24 11:20 AM EDT

Xtierra to Re-Assess Bilbao with Increased Silver Prices

Toronto, Ontario--(Newsfile Corp. - August 27, 2020) -  Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") intends to re-assess the value of its Bilbao Silver-Lead-Zinc project in the context of the current market. "The Bilbao project has historically been challenged by relatively low tonnage and low silver prices, however, with the much improved outlook for silver prices, approaching the level estimated in the PEA, combined with the 2010-2013 drill results which outlined the potential to expand tonnage and the unexplored...

2020-08-27 2:20 PM EDT

Xtierra Reports Second Quarter 2020 Results

Toronto, Ontario--(Newsfile Corp. - August 17, 2020) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") reports its second quarter results for the six months ended June 30, 2020.This news release should be read in conjunction with the Company's unaudited financial statements and the associated management's discussion and analysis (MD&A) for the three and six month period ended June 30, 2020 which are available on the Company's website at www.Xtierra.com or under the Company's profile at www.sedar.com. Amounts...

2020-08-17 11:32 AM EDT

XTIERRA Reports Second Quarter 2020 Results

Toronto, Ontario--(Newsfile Corp. - August 14, 2020) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") reports its second quarter results for the six months ended June 30, 2020.This news release should be read in conjunction with the Company's unaudited financial statements and the associated management's discussion and analysis (MD&A) for the three and six month period ended June 30, 2020 which are available on the Company's website at www.Xtierra.com or under the Company's profile at www.sedar.com. Amounts are...

2020-08-14 2:44 PM EDT

Xtierra Closes $1 Million Financing

Toronto, Ontario--(Newsfile Corp. - July 15, 2020) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") announces that it has closed its previously announced private placement in the amount of $1,000,000 through the issuance of 20,000,000 common shares at $0.05 per share. The private placement has been conditionally approved by TSX Venture Exchange and is subject to final acceptance by the Exchange. The shares are subject to a 4 month hold period expiring on November 11, 2020.Proceeds of the...

2020-07-15 2:44 PM EDT

Xtierra Announces $1 Million Financing

Toronto, Ontario--(Newsfile Corp. - June 4, 2020) - Xtierra Inc. (TSXV: XAG) ("Xtierra" or the "Company") announces a $1,000,000 financing by way of a non-brokered private placement (the "Offering") of up to 20,000,000 common shares at a price of $0.05 per share. Proceeds will be primarily used to expand and diversify its royalty portfolio into Canada and the United States.The Offering is being made pursuant to certain Canadian prospectus exemptions, including the "existing securityholder" exemption and "purchasers advised by...

2020-06-04 4:12 PM EDT

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