Royalties Inc. Announces Financing
Toronto, Ontario--(Newsfile Corp. - August 21, 2024) - Royalties Inc. (CSE: RI) ("the Company") announces a non-brokered private placement up to $210,000 at $0.035 per share for 6,000,000 shares which will be used primarily to cover the increased cost of audit and tax professional fees in Canada, property taxes and litigation expenses in Mexico. The strategic investment in Music Royalties Inc. has generated $129,000 in dividend income since October 2022 plus the income from other cash flowing...
2024-08-21 12:52 PM EDT
Royalties Inc. Reports Q1 Results for March 31, 2024
Toronto, Ontario--(Newsfile Corp. - May 24, 2024) - Royalties Inc. (CSE: RI) ("RI" or "the Company") reports its results for the first quarter ended March 31, 2024. Amounts are stated in US dollars unless otherwise stated. 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 year ended March 31, 2024 which are available on the Company's website at www.royaltiesinc.com or under...
2024-05-24 3:20 PM EDT
Royalties Inc. Reports 2023 Yearend Results
Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - Royalties Inc. (CSE: RI) ("RI" or "the Company") reports its results for the year ended December 31, 2023. Amounts are stated in US dollars unless otherwise stated. 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, 2023 which are available on the Company's website at www.royaltiesinc.com or under the...
2024-04-29 12:22 PM EDT
Royalties Inc. Reports Q3 Results For September 30, 2023
Toronto, Ontario--(Newsfile Corp. - November 29, 2023) - Royalties Inc. (CSE: RI) ("RI" or "the Company") reports its results for the third quarter ended September 30, 2023. Amounts are stated in US dollars unless otherwise stated. This news release should be read in conjunction with the Company's interim financial statements and the associated management's discussion and analysis (MD&A) for the third quarter ended September 30, 2023 which are available on the Company's website at...
2023-11-29 3:48 PM EST
Royalties Inc. Announces 5th Acquisition: The Carbonaro Effect's TV Cues
Toronto, Ontario--(Newsfile Corp. - June 27, 2023) - Royalties Inc. (CSE: RI), ("the Company") announces the completion of its 5th cash flowing music royalty acquisition of sound recordings of TV cues from the 5 season show The Carbonaro Effect on TruTV, paid by royalty distributor American Society of Composers, Authors and Publishers (ASCAP). The company invested US$130,000 for a catalog that generated royalty income of US$44,000 in the last year, for a 9.3 year term agreement on the Royalty...
2023-06-27 8:12 AM EDT
Royalties Inc. Announces Financing and Stock Option Exercise
Toronto, Ontario--(Newsfile Corp. - June 20, 2023) - Royalties Inc. (CSE: RI), ("the Company") announces a non-brokered private placement of $94,000 at $0.05 per share for 1,880,000 shares and the exercise of 1,350,000 in stock options at $0.06 per share for proceeds of $81,000. The total of $175,000 in funds will be used to acquire a fifth cash flowing music royalty catalog. In 2023, RI has acquired 3 cash flowing song catalogs including Apple Alert Tones, a music producer and songwriter's...
2023-06-20 10:05 AM EDT
Royalties Inc. Announces Acquisition of Pop Song Royalties
Toronto, Ontario--(Newsfile Corp. - May 17, 2023) - Royalties Inc. (CSE: RI) ("the Company") announces the completion of an acquisition of an American songwriter's public performance royalties of songs performed by artists including Backstreet Boys, Marshmello, Anarbor, paid by royalty distributor Broadcast Music, Inc. (BMI). This pop catalog consists of 103 tracks and is unique in that many of the songs have gained placements in popular TV series including Grey's Anatomy. The top songs in...
2023-05-17 9:00 AM EDT
Royalties Inc. Announces Acquisition of Songwriter Royalties
Toronto, Ontario--(Newsfile Corp. - May 11, 2023) - Royalties Inc. (CSE: RI) ("the Company") announces the completion of a portfolio investment in a partial share of a Music Royalties Inc. acquisition of an American Grammy nominated/multi-award-winning music producer and songwriter's interest in the publishing and public performance royalties of songs performed by artists including Britney Spears, Joe, Michael Jackson and R. Kelly, paid by royalty distributors SOCAN and Universal Music...
2023-05-11 12:19 PM EDT
Royalties Inc. Announces Completion of $550,000 Financing and Acquisition of Apple Alert Tones Sound Recording Royalties
Toronto, Ontario--(Newsfile Corp. - April 20, 2023) - Royalties Inc. (CSE: RI) ("the Company") announces the completion of a non-brokered private placement offering announced on April 12, 2023 of Royalties Inc. at a price of 5 cents per share for 11,000,000 shares for proceeds of $550,000 from a Director and Music Royalties Inc. The funds were previously advanced as part of the CSE listing application for working capital and for an acquisition in January 2023 of a cash flowing royalty in the...
2023-04-20 1:05 PM EDT
Royalties Inc. Announces the Start of Trading on the CSE and a Financing of $520,000
Toronto, Ontario--(Newsfile Corp. - April 12, 2023) - Royalties Inc. (CSE: RI), (formerly Xtierra Inc.) ("the Company") announces the start of trading on the Canadian Securities Exchange ('CSE'). The Company intends to complete a non-brokered private placement offering of Royalties Inc at a price of 5 cents per share, for gross proceeds of $520,000 from a Director and Music Royalties Inc., funds previously advanced for working capital and for acquisitions of cash flow generating royalty...
2023-04-12 1:45 PM EDT
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...
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...
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...
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...
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 Directors The 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...
2021-06-25 8:54 PM EDT
Xtierra Reports 2020 Results
Toronto, 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...
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...
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...
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...
2020-11-25 4:50 PM EST